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December 20, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > West Palm Beach, Business Loans > Wachovia Bank West Palm Beach Business Loans > Mail Boxes, Etc. Loan | ||||
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Florida Small Business Funding for Franchises
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Borrow Money to Buy a Mail Boxes Etc. Usa FranchiseBorrowing money to buy a Mail Boxes Etc. Usa franchise? Wachovia Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Mail Boxes Etc. Usa franchise may simply require a phone call to a local SBA banker. In 2000, Wachovia Bank issued an SBA franchise loan to an entrepreneur in N. Palm Beach, Florida. Because Mail Boxes Etc. Usa was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower MAIL BOXES, ETC. SBA Loan Lender WACHOVIA BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services Loan Approval Date 3/3/2000 Loan Approval Gross Amount $135,000 Loan Approval from the SBA Of the total $135,000 loan amount, the SBA guaranteed $101,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mail Boxes Etc. Usa franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are working on finding money to start a business in N. Palm Beach FL, you ought to talk with a local N. Palm Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to N. Palm Beach 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 $135,000 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: Small Business Banks in West Palm Beach, Florida
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