Loan Census Banking News and Information
November 15, 2024  
 
 
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Regions Bank Franchise Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Mail Boxes Etc. Usa Franchise

Need a loan to buy a Mail Boxes Etc. Usa franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

Mail Boxes Etc. Usa franchise loans are available to Lutz, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Regions Bank, based in Birmingham, Alabama, issued an SBA franchise loan for a Mail Boxes Etc. Usa franchise in 2001. We've got all the details on this Florida small business loan.

SBA Loan Borrower

MAIL BOXES, ETC STORE #2620
LUTZ, FL 33549

SBA Loan Lender

REGIONS BANK
1900 5TH AVE NORTH
BIRMINGHAM, AL 35203

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

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

1/17/2001

Loan Approval Gross Amount

$139,400

Loan Approval from the SBA

Of the total $139,400 loan amount, the SBA guaranteed $118,490.

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 5 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $139,400 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

Small Business Credit Cards

SBA Banks in Birmingham, Alabama

Alabama SBA 7A Lenders