Loan Census Banking News and Information
November 14, 2024  
 
 
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Nebraska Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a The UPS Store Franchise

Borrowing money to invest in a UPS Store franchise? Union Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a The UPS Store franchise requires some effort but others before you have been successful. In 2003, Union Bank And Trust Company issued an SBA franchise loan to an entrepreneur in Lincoln, Nebraska. Because The UPS Store was registered with the SBA's registry of franchises, this Nebraska small business loan was issued on an expedited basis.

SBA Loan Borrower

THE UPS STORE #3345
LINCOLN, NE 68521

SBA Loan Lender

UNION BANK AND TRUST COMPANY
3643 S 48TH ST
LINCOLN, NE 68506

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

491110 - Postal Service

Loan Approval Date

6/24/2003

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $60,000.

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 3 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 3 existing jobs.

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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Obtaining Funding - Friends and Family

Small Bank Loans in Lincoln, Nebraska

SBA Participating Banks in Nebraska