Windsor, Connecticut Lender Lends Money to Magnetic And Optical Recording Media Manufacturing Company
Find Windsor, Connecticut banks that specialize in SBA loans and know how to work with entrepreneurs. Ups Capital Business Credit is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Upper Marlboro (marlboro), Maryland starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Ups Capital Business Credit. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: MAGNETIC AND OPTICAL RECORDING MEDIA MANUFACTURING
UPPER MARLBORO (MARLBORO), MD 20774
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
334613 - Magnetic and Optical Recording Media Manufacturing
Loan Approval Date
11/18/2004
Loan Approval Gross Amount
$216,300
Loan Approval from the SBA
Of the total $216,300 loan amount, the SBA guaranteed $162,225.
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 21 employees. The SBA loan application for the borrower indicated that the loan would help generate 9 new jobs and retain 21 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Ups Capital Business Credit so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
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