Borrow Money to Buy a Mail Boxes Etc. Usa Franchise

Need a loan to invest in a Mail Boxes Etc. Usa franchise? Colorado Capital Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Castle Rock, Colorado needed money to invest in a Mail Boxes Etc. Usa franchise back in 2000. Colorado Capital Bank issued an SBA franchise loan. Here are the details on this Colorado small business loan.

SBA Loan Borrower

MAIL BOXES, ETC #3537
CASTLE ROCK, CO 80104

SBA Loan Lender

COLORADO CAPITAL BANK
7505 VILLAGE SQ DR, STE 101
CASTLE ROCK, CO 80108

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4783 - Packing and Crating

NAICS Code

488991 - Packing and Crating

Loan Approval Date

4/3/2000

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $82,500.

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. This SBA loan request did not indicate that the small business promised to use the money to add 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.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Mailboxes Etc.

Small Business Loan

SBA Participating Banks in Castle Rock, Colorado

Colorado SBA Banks