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November 15, 2024  
 
 
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Where to Get a Bank Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an UPS Store Franchise

Borrowing money to invest in an UPS Store franchise? Wallis State Bank has a history of making these loans and they are guaranteed by the SBA.

UPS Store franchise loans are available to Stafford, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wallis State Bank, based in Wallis, Texas, issued an SBA franchise loan for an UPS Store franchise in 2006. We've got all the details on this Texas small business loan.

SBA Loan Borrower

RAPID DISPATCH INC
STAFFORD, TX 77477

SBA Loan Lender

WALLIS STATE BANK
6510 RAILROAD
WALLIS, TX 77485

This loan 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

491110 - Postal Service

Loan Approval Date

9/28/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an UPS Store franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Wallis State Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Microlending as a Small Business Funding Source

Small Business Banks in Wallis, Texas

SBA Participating Banks in Texas