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November 22, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > San Francisco, Business Loans > Bank Of The West San Francisco Business Loans > Mail Boxes Etc Loan | ||||
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Advice for Getting a Franchise Loan
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Bank Of The West Provides SBA Loan to Buy Mail Boxes Etc. Usa FranchiseBorrowing money to buy a Mail Boxes Etc. Usa franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Mail Boxes Etc. Usa franchise? If so, here's a 2000 SBA franchise loan that you should know about. Bank Of The West was the lender and the entrepreneur was based in San Antonio, Texas. SBA Loan Borrower MAIL BOXES ETC SBA Loan Lender BANK OF THE WEST 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 561431 - Private Mail Centers Loan Approval Date 11/2/2000 Loan Approval Gross Amount $220,000 Loan Approval from the SBA Of the total $220,000 loan amount, the SBA guaranteed $165,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Mail Boxes Etc. Usa franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in San Antonio or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Banks for San Francisco, California Loans
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