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May 14, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Wood Office Furniture Manufacturing Loan | ||||
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Connecticut Small Business Funding
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Bank Loans for Wood Office Furniture ManufacturingLooking for bank loans for wood office furniture manufacturing? An SBA loan may be just what you've been looking for. This $365,000 wood office furniture manufacturing loan was issued by a Connecticut bank. Getting a small business loan in Meriden, Connecticut was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Windsor, Connecticut. Here are the details on this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: WOOD OFFICE FURNITURE MANUFACTURING SBA Loan Lender UPS CAPITAL BUSINESS CREDIT SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337211 - Wood Office Furniture Manufacturing Loan Approval Date 11/17/2003 Loan Approval Gross Amount $365,000 Loan Approval from the SBA Of the total $365,000 loan amount, the SBA guaranteed $273,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Role of Business Plan When Raising Money Good Banks for Small Business in Windsor, Connecticut
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