Massachusetts Entrepreneur Secures Financing to Buy Mail Boxes Etc. Usa Franchise
Need money to buy a Mail Boxes Etc. Usa franchise? Td Banknorth 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 2002 SBA franchise loan that you should know about. Td Banknorth was the lender and the entrepreneur was based in Springfield, Massachusetts.
SBA Loan Borrower
MAILBOXES ETC
SPRINGFIELD, MA 01128
SBA Loan Lender
TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101
This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561431 - Private Mail Centers
Loan Approval Date
12/12/2002
Loan Approval Gross Amount
$94,500
Loan Approval from the SBA
Of the total $94,500 loan amount, the SBA guaranteed $47,250.
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 2 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 $94,500 loan. Remember, fight for what you want, and it will be yours!
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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Mailboxes Etc.
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Where to Get an SBA Loan Maine