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May 2, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Boston, Business Loans > Ups Capital Business Credit Boston Business Loans > Metal Heat Treating Loan | ||||
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Business Loans for No. Quincy Small Business Owners
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Where to Get Capital for Metal Heat TreatingLooking for SBA loans for metal heat treating? Try the SBA. This $1,600,000 metal heat treating loan was issued by a Massachusetts bank. This business knew how to go about getting a business bank loan. Based in No. Quincy, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Ups Capital Business Credit, based in Boston, Massachusetts. SBA Loan Borrower COMPANY TYPE: METAL HEAT TREATING SBA Loan Lender UPS CAPITAL BUSINESS CREDIT The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332811 - Metal Heat Treating Loan Approval Date 12/29/2004 Loan Approval Gross Amount $1,600,000 Loan Approval from the SBA Of the total $1,600,000 loan amount, the SBA guaranteed $1,200,000. 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 24 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,600,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Where to Get an SBA Loan in Boston, Massachusetts
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