Orlando National Bank Provides SBA Loan to Buy Mail Boxes Etc. Usa Franchise
Need a loan to invest in a Mail Boxes Etc. Usa franchise? Orlando National 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 is doable. In 2002, Orlando National Bank issued an SBA franchise loan to an entrepreneur in Oviedo, 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 #1668
OVIEDO, FL 32765
SBA Loan Lender
ORLANDO NATIONAL BANK
502 N HWY 17-92
LONGWOOD, FL 32750
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561431 - Private Mail Centers
Loan Approval Date
8/15/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 loan application indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Orlando National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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.
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