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April 27, 2024  
 
 
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Connecticut Bank SBA Loans

 

 
Loan Census SBA Loan Info

Windsor, Connecticut Lender Lends Money to Beer, Wine, And Liquor Stores Company

Thinking about meeting with a Windsor, Connecticut bank about a business loan? Here's one Florida business loan, issued by a Windsor bank, that was approved by the SBA.

Applying for an SBA loan with Ups Capital Business Credit worked out well for our friends at one local business in Venice, Florida. The business was able to get an SBA loan for $376,500. Great job!

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
VENICE, FL 34293

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

5/18/2006

Loan Approval Gross Amount

$376,500

Loan Approval from the SBA

Of the total $376,500 loan amount, the SBA guaranteed $282,375.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Venice FL, you ought to talk with a local Venice SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Venice businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ups Capital Business Credit and they will explain how you can get an SBA loan for your company.

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:

Business Line of Credit

Banks in Windsor, Connecticut

Connecticut SBA Banks