Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Georgia Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Pakmail Centers Of America Franchise Issued By Bank Of America

Need money to invest in a Pakmail Centers Of America franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

If you live near Marietta, Georgia and are interested in buying a Pakmail Centers Of America franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Bank Of America. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

ULTIMATE BUSINESS SOLUTIONS IN
MARIETTA, GA 30066

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this 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

561990 - Support Services

Loan Approval Date

4/7/2003

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pakmail Centers Of America franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Marietta GA, you ought to talk with a local Marietta SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marietta businesses.

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 $10,000 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:

Pak Mail Centers of America, Inc.

SBIR Funding

SBA 7A Banks for Charlotte, North Carolina Loans

Find an SBA Lender in North Carolina