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April 28, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Printed Circuit Assembly Manufacturing Loan | ||||
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Borrowing Money for Printed Circuit Assembly ManufacturingLooking for bank loans for printed circuit assembly manufacturing? An SBA loan may be just what you've been looking for. This $348,000 printed circuit assembly manufacturing loan was issued by a Connecticut bank. This small firm knew how to go about getting a business bank loan. Based in Mesa, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Ups Capital Business Credit, based in Windsor, Connecticut. SBA Loan Borrower COMPANY TYPE: PRINTED CIRCUIT ASSEMBLY MANUFACTURING SBA Loan Lender UPS CAPITAL BUSINESS CREDIT As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 334418 - Printed Circuit Assembly Manufacturing Loan Approval Date 10/12/2005 Loan Approval Gross Amount $348,000 Loan Approval from the SBA Of the total $348,000 loan amount, the SBA guaranteed $261,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Ups Capital Business Credit that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Banking Deregulation's Effects on Entrepreneurship SBA Approved Banks in Windsor, Connecticut
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