Washington Entrepreneur Secures Financing to Buy The UPS Store Franchise

Need money to buy a UPS Store franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lynnwood, Washington needed money to invest in a The UPS Store franchise back in 2003. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Washington small business loan.

SBA Loan Borrower

UPS STORE,JAMES VILLAGE
LYNNWOOD, WA 98036

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

491110 - Postal Service

Loan Approval Date

8/19/2003

Loan Approval Gross Amount

$188,400

Loan Approval from the SBA

Of the total $188,400 loan amount, the SBA guaranteed $141,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Lynnwood WA, you ought to talk with a local Lynnwood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lynnwood businesses.

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

Small Business Credit Cards

SBA 7A Banks for Livingston, New Jersey Loans

SBA Lenders in New Jersey