Bremer Bank Provides SBA Loan to Buy The UPS Store Franchise
Need money to purchase a UPS Store franchise? Bremer Bank 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 2004, Bremer Bank issued an SBA franchise loan to an entrepreneur in Menomonie, Wisconsin. Because The UPS Store was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.
SBA Loan Borrower
UPS STORE (THE)
MENOMONIE, WI 54751
SBA Loan Lender
BREMER BANK
605 2ND ST
MENOMONIE, WI 54751
This lender issued this particular SBA 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.
NAICS Code
561910 - Packaging and Labeling Services
Loan Approval Date
6/15/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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 Banks for Menomonie, Wisconsin Loans
Getting an SBA Loan in Wisconsin