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April 29, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > General Automotive Repair Loan | ||||
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Windsor Bank Loan
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Windsor, Connecticut Bank Gives SBA Loan to General Automotive Repair CompanyGet SBA loans from a Windsor, Connecticut bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Ups Capital Business Credit is a Windsor, Connecticut small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Indiana company. SBA Loan Borrower COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811111 - General Automotive Repair Loan Approval Date 5/18/2007 Loan Approval Gross Amount $1,119,000 Loan Approval from the SBA Of the total $1,119,000 loan amount, the SBA guaranteed $839,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: How Much Venture Capital Is There? SBA 7A Lenders in Windsor, Connecticut
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