Alabama Entrepreneur Secures Financing to Buy Mail Boxes Etc. Usa Franchise

Need a loan to buy a Mail Boxes Etc. Usa franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Mail Boxes Etc. Usa franchise loans are available to Auburn, Alabama entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community W. Bank, based in Woodstock, Georgia, issued an SBA franchise loan for a Mail Boxes Etc. Usa franchise in 2001. We've got all the details on this Alabama small business loan.

SBA Loan Borrower

MAIL BOXES, ETC.
AUBURN, AL 36830

SBA Loan Lender

COMMUNITY W. BANK
665 MOLLY LN, STE 110
WOODSTOCK, GA 30189

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

10/18/2001

Loan Approval Gross Amount

$119,200

Loan Approval from the SBA

Of the total $119,200 loan amount, the SBA guaranteed $101,320.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mail Boxes Etc. Usa franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community W. Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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