Loan to Buy The UPS Store Franchise Issued By First Standard Bank
Need money to buy a UPS Store franchise? First Standard Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a The UPS Store franchise may simply require a phone call to a local SBA banker. In 2006, First Standard Bank issued an SBA franchise loan to an entrepreneur in Lancaster, California. Because The UPS Store was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.
SBA Loan Borrower
THE UPS STORE #2531
LANCASTER, CA 93536
SBA Loan Lender
FIRST STANDARD BANK
1000 WILSHIRE BLVD, STE 100
LOS ANGELES, CA 90017
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561439 - Business Service Centers
Loan Approval Date
4/25/2006
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Standard Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
The UPS Store
How to Raise Money
SBA 7A Lenders in Los Angeles, California
Getting a Business Loan in California