Phoenix, AZ Entrepreneur Gets SBA Loan to Buy The UPS Store Franchise
Need a loan to buy a UPS Store franchise? Pacific Cap. Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a The UPS Store franchise may simply require a phone call to a local SBA banker. In 2006, Pacific Cap. Bank issued an SBA franchise loan to an entrepreneur in Phoenix, Arizona. Because The UPS Store was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.
SBA Loan Borrower
THE UPS STORE #2780
PHOENIX, AZ 85050
SBA Loan Lender
PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101
This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561439 - Business Service Centers
Loan Approval Date
2/1/2006
Loan Approval Gross Amount
$312,000
Loan Approval from the SBA
Of the total $312,000 loan amount, the SBA guaranteed $234,000.
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 6 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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
Best Santa Barbara, California Banks for Small Business
SBA Participating Banks in California