Gardner, KS Entrepreneur Gets SBA Loan to Buy UPS Store Franchise

Need a loan to invest in an UPS Store franchise? Kansas State Bank has a history of making these loans and they are guaranteed by the SBA.

UPS Store franchise loans are available to Gardner, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Kansas State Bank, based in Baldwin City, Kansas, issued an SBA franchise loan for an UPS Store franchise in 2006. We've got all the details on this Kansas small business loan.

SBA Loan Borrower

UPS STORE CENTER
GARDNER, KS 66030

SBA Loan Lender

KANSAS STATE BANK
602 AMES
BALDWIN CITY, KS 66006

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

5/31/2006

Loan Approval Gross Amount

$158,000

Loan Approval from the SBA

Of the total $158,000 loan amount, the SBA guaranteed $118,500.

More Information on This SBA Loan

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

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Kansas State 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:

The Art of Bootstrapping

Best Banks in Baldwin City, Kansas

Kansas SBA 7A Banks