Newtek Small Business Finance Inc. Provides SBA Loan to Buy Mail Boxes Etc. Usa Franchise
Need a loan to purchase a Mail Boxes Etc. Usa franchise? Newtek Small Business Finance Inc. has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Mail Boxes Etc. Usa franchise shouldn't be overly burdensome. In 2005, Newtek Small Business Finance Inc. issued an SBA franchise loan to an entrepreneur in Harrisburg, North Carolina. Because Mail Boxes Etc. Usa was registered with the SBA's registry of franchises, this North Carolina small business loan was issued on an expedited basis.
SBA Loan Borrower
THE UPS STORE OF SCHOOL HOUSEC
HARRISBURG, NC 28075
SBA Loan Lender
NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018
This commercial 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
453210 - Office Supplies and Stationery
Loan Approval Date
6/10/2005
Loan Approval Gross Amount
$178,000
Loan Approval from the SBA
Of the total $178,000 loan amount, the SBA guaranteed $89,000.
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 only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
Related Links:
Mailboxes Etc.
Understanding Dilution
SBA Approved Banks in New York, New York
SBA Participating Banks in New York