First Charter Bank Provides SBA Loan to Buy Mail & More Franchise

Need a loan to buy a Mail & More franchise? First Charter Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mail & More franchise? If so, here's a 2002 SBA franchise loan that you should know about. First Charter Bank was the lender and the entrepreneur was based in Buford, Georgia.

SBA Loan Borrower

MAIL & MORE
BUFORD, GA 30019

SBA Loan Lender

FIRST CHARTER BANK
11675 RAINWATER DR, 600 NORTH
ALPHARETTA, GA 30004

This 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.

SIC Code

7389 - Business Services

NAICS Code

561499 - Business Support Services

Loan Approval Date

8/22/2002

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mail & More franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Buford GA, you ought to talk with a local Buford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Buford businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First Charter Bank 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:

Understanding Dilution

Small Business Banks in Alpharetta, Georgia

Getting an SBA Loan in Georgia