Kansas City, KS Entrepreneur Gets SBA Loan to Buy Mail Boxes Etc. Usa Franchise
Need money to purchase a Mail Boxes Etc. Usa franchise? Union Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Mail Boxes Etc. Usa franchise? If so, here's a 2002 SBA franchise loan that you should know about. Union Bank And Trust Company was the lender and the entrepreneur was based in Kansas City, Kansas.
SBA Loan Borrower
MAIL BOXES, ETC.
KANSAS CITY, KS 66109
SBA Loan Lender
UNION BANK AND TRUST COMPANY
309 OAK ST
BONNER SPRINGS, KS 66012
This bank 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
7331 - Direct Mail Advertising Services
NAICS Code
511140 - Database and Directory Publishers
Loan Approval Date
11/15/2002
Loan Approval Gross Amount
$126,000
Loan Approval from the SBA
Of the total $126,000 loan amount, the SBA guaranteed $107,100.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Mail Boxes Etc. Usa franchise. At the time of the loan, the company
had 10 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $126,000 loan. Remember, where there is a will, there is a way!
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.
Accountant's Role in Securing Financing
SBA 7A Banks for Bonner Springs, Kansas Loans
Getting an SBA Loan in Kansas