Loan to Buy The UPS Store Franchise Issued By Regions Bank

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

An entrepreneur in Pinellas Park, Florida needed money to invest in a The UPS Store franchise back in 2005. Regions Bank issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

THE UPS STORE
PINELLAS PARK, FL 33781

SBA Loan Lender

REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

7/28/2005

Loan Approval Gross Amount

$183,300

Loan Approval from the SBA

Of the total $183,300 loan amount, the SBA guaranteed $137,475.

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 only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

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

Equity Financing

SBA 7A Lenders in Atlanta, Georgia

Georgia SBA Banks