Nevada State Bank Provides SBA Loan to Buy Mail Boxes Etc. Usa Franchise
Borrowing money to purchase a Mail Boxes Etc. Usa franchise? Nevada State Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Mail Boxes Etc. Usa franchise is doable. In 2000, Nevada State Bank issued an SBA franchise loan to an entrepreneur in Sparks, Nevada. Because Mail Boxes Etc. Usa was registered with the SBA's registry of franchises, this Nevada small business loan was issued on an expedited basis.
SBA Loan Borrower
MAIL BOXES ETC
SPARKS, NV 89434
SBA Loan Lender
NEVADA STATE BANK
750 E WARM SPRINGS RD, STE 40
LAS VEGAS, NV 89119
The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
7389 - Business Services
Loan Approval Date
3/17/2000
Loan Approval Gross Amount
$17,000
Loan Approval from the SBA
Of the total $17,000 loan amount, the SBA guaranteed $8,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $17,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
Advice on Getting a Small Business Loan
Find an SBA Lender in Las Vegas, Nevada
Nevada SBA Bank Lenders