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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > The Ups Store Loan | ||||
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San Diego, California Bank Loan
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Borrow Money to Buy a Mail Boxes Etc. Usa FranchiseNeed a loan to purchase a Mail Boxes Etc. Usa franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in San Diego, California needed money to invest in a Mail Boxes Etc. Usa franchise back in 2003. Community W. Bank issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower THE UPS STORE SBA Loan Lender COMMUNITY W. BANK This lender provides SBA commercial 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 561431 - Private Mail Centers Loan Approval Date 5/15/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, feel the fear, and do it anyway. 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: Determining Proper Capital Structure for a Business Who Lends Money to Small Businesses in Goleta, California
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