Bank Of North Georgia Provides SBA Loan to Buy The UPS Store Franchise

Need money to invest in a UPS Store franchise? Bank Of North Georgia has a history of making these loans and they are guaranteed by the SBA.

The UPS Store franchise loans are available to Alpharetta, Georgia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of North Georgia, based in Alpharetta, Georgia, issued an SBA franchise loan for a The UPS Store franchise in 2004. We've got all the details on this Georgia small business loan.

SBA Loan Borrower

THE UPS STORE
ALPHARETTA, GA 30004

SBA Loan Lender

BANK OF NORTH GEORGIA
8025 WESTSIDE PKWY
ALPHARETTA, GA 30004

This bank loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561910 - Packaging and Labeling Services

Loan Approval Date

1/5/2004

Loan Approval Gross Amount

$440,000

Loan Approval from the SBA

Of the total $440,000 loan amount, the SBA guaranteed $330,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of North Georgia and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

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