Petaluma, CA Entrepreneur Gets SBA Loan to Buy The UPS Store Franchise

Need money to buy a UPS Store franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a The UPS Store franchise? If so, here's a 2003 SBA franchise loan that you should know about. Bank Of America was the lender and the entrepreneur was based in Petaluma, California.

SBA Loan Borrower

THE U P S STORE
PETALUMA, CA 94954

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

10/28/2003

Loan Approval Gross Amount

$36,000

Loan Approval from the SBA

Of the total $36,000 loan amount, the SBA guaranteed $18,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Petaluma CA, you ought to talk with a local Petaluma SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Petaluma businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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

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SBA 7A Banks for Charlotte, North Carolina Loans

Getting a Business Loan in North Carolina