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