Merrill Lynch Bank Usa Provides SBA Loan to Buy Mail Boxes Etc. Usa Franchise

Borrowing money to purchase a Mail Boxes Etc. Usa franchise? Merrill Lynch Bank Usa has a history of making these loans and they are guaranteed by the SBA.

Mail Boxes Etc. Usa franchise loans are available to San Leandro, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Merrill Lynch Bank Usa, based in Salt Lake City, Utah, issued an SBA franchise loan for a Mail Boxes Etc. Usa franchise in 2002. We've got all the details on this California small business loan.

SBA Loan Borrower

MAIL BOXES ETC
SAN LEANDRO, CA 94579

SBA Loan Lender

MERRILL LYNCH BANK USA
15 W SOUTH TEMPLE, STE 300
SALT LAKE CITY, UT 84101

This lender provides SBA bank 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

3/20/2002

Loan Approval Gross Amount

$112,400

Loan Approval from the SBA

Of the total $112,400 loan amount, the SBA guaranteed $95,540.

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 15 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

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

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Mailboxes Etc.

Financing Your Business

Where to Get an SBA Loan in Salt Lake City, Utah

Utah SBA 7A Banks