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November 14, 2024  
 
 
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Ramona, California Bank Loan

 

 
Loan Census SBA Loan Info

San Diego National Bank Provides SBA Loan to Buy Mail Boxes Etc. Usa Franchise

Need money to buy a Mail Boxes Etc. Usa franchise? San Diego National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Ramona, California needed money to invest in a Mail Boxes Etc. Usa franchise back in 2003. San Diego National Bank issued an SBA franchise loan. Here are the details on this California small business loan.

SBA Loan Borrower

THE UPS STORE #2488
RAMONA, CA 92065

SBA Loan Lender

SAN DIEGO NATIONAL BANK
1420 KETTNER BLVD
SAN DIEGO, CA 92101

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

11/19/2003

Loan Approval Gross Amount

$176,800

Loan Approval from the SBA

Of the total $176,800 loan amount, the SBA guaranteed $132,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Mail Boxes Etc. Usa franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. San Diego National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, San Diego National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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