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November 22, 2024  
 
 
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Odessa, Florida Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy The UPS Store Franchise Issued By Regions Bank

Need a loan to purchase a UPS Store franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA.

The UPS Store franchise loans are available to Odessa, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Regions Bank, based in Atlanta, Georgia, issued an SBA franchise loan for a The UPS Store franchise in 2003. We've got all the details on this Florida small business loan.

SBA Loan Borrower

THE UPS STORE
ODESSA, FL 33556

SBA Loan Lender

REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

10/7/2003

Loan Approval Gross Amount

$193,500

Loan Approval from the SBA

Of the total $193,500 loan amount, the SBA guaranteed $145,125.

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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Regions Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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

Getting a Small Business Loan

Where to Get an SBA Loan in Atlanta, Georgia

Find an SBA Lender in Georgia