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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Loan to Buy The UPS Store Franchise Issued By Twin City Bank

Borrowing money to buy a UPS Store franchise? Twin City Bank has a history of making these loans and they are guaranteed by the SBA.

The UPS Store franchise loans are available to Benton, Arkansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Twin City Bank, based in North Little Rock, Arkansas, issued an SBA franchise loan for a The UPS Store franchise in 2006. We've got all the details on this Arkansas small business loan.

SBA Loan Borrower

B & P SOLUTIONS INC
BENTON, AR 72015

SBA Loan Lender

TWIN CITY BANK
2716 LAKEWOOD VILLAGE PL
NORTH LITTLE ROCK, AR 72116

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

492110 - Couriers and Express Delivery Services

Loan Approval Date

6/29/2006

Loan Approval Gross Amount

$162,000

Loan Approval from the SBA

Of the total $162,000 loan amount, the SBA guaranteed $81,000.

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 only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 Twin City Bank 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:

The UPS Store

Determining Proper Capital Structure for a Business

SBA Participating Banks in North Little Rock, Arkansas

SBA Lenders in Arkansas