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November 22, 2024 |
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| Home > Small Business Lenders by State > District of Columbia Business Loan Sources > Salt Lake City, Business Loans > Merrill Lynch Bank Usa Salt Lake City Business Loans > Mail Boxes Etc Loan | ||||
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SBA 7A Banks for Washington, District of Columbia Businesses
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Merrill Lynch Bank Usa Provides SBA Loan to Buy Mail Boxes Etc. Usa FranchiseBorrowing 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. An entrepreneur in Washington, District of Columbia needed money to invest in a Mail Boxes Etc. Usa franchise back in 2001. Merrill Lynch Bank Usa issued an SBA franchise loan. Here are the details on this District of Columbia small business loan. SBA Loan Borrower MAIL BOXES ETC SBA Loan Lender MERRILL LYNCH BANK USA This lender provides SBA guaranteed 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 10/3/2001 Loan Approval Gross Amount $169,600 Loan Approval from the SBA Of the total $169,600 loan amount, the SBA guaranteed $127,200. 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 loan application indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: SBA Approved Banks in Salt Lake City, Utah SBA Participating Banks in Utah
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