Borrow Money to Buy a Mail Boxes Etc. Usa Franchise

Need a loan to invest in a Mail Boxes Etc. Usa franchise? Stearns Bank Arizona has a history of making these loans and they are guaranteed by the SBA.

Mail Boxes Etc. Usa franchise loans are available to Scottsdale, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Stearns Bank Arizona, based in Scottsdale, Arizona, issued an SBA franchise loan for a Mail Boxes Etc. Usa franchise in 2003. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

THE UPS STORE #3500
SCOTTSDALE, AZ 85259

SBA Loan Lender

STEARNS BANK ARIZONA
9225 E SHEA BLVD
SCOTTSDALE, AZ 85260

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

7/18/2003

Loan Approval Gross Amount

$238,200

Loan Approval from the SBA

Of the total $238,200 loan amount, the SBA guaranteed $178,650.

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

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.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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