Loan to Buy UPS Store Franchise Issued By Business Devel Corp - So. Caro
Borrowing money to buy an UPS Store franchise? Business Devel Corp - So. Caro has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy an UPS Store franchise? If so, here's a 2007 SBA franchise loan that you should know about. Business Devel Corp - So. Caro was the lender and the entrepreneur was based in Rock Hill, South Carolina.
SBA Loan Borrower
THE UPS STORE
ROCK HILL, SC 29732
SBA Loan Lender
BUSINESS DEVEL CORP - SO. CARO
111 EXEC CENTER DR, STE 225
COLUMBIA, SC 29221
This lender provides SBA debt financing 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
561431 - Private Mail Centers
Loan Approval Date
3/27/2007
Loan Approval Gross Amount
$308,000
Loan Approval from the SBA
Of the total $308,000 loan amount, the SBA guaranteed $231,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an UPS Store franchise. At the time of the loan, the company
had 4 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Business Devel Corp - So. Caro and they will explain how you can get an SBA loan for your company.
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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