Loan to Buy The UPS Store Franchise Issued By Woodforest National Bank
Need a loan to purchase a UPS Store franchise? Woodforest National Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a The UPS Store franchise? If so, here's a 2004 SBA franchise loan that you should know about. Woodforest National Bank was the lender and the entrepreneur was based in Willis, Texas.
SBA Loan Borrower
THE UPS STORE #1733
WILLIS, TX 77382
SBA Loan Lender
WOODFOREST NATIONAL BANK
13301 EAST FRWY
HOUSTON, TX 77015
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
7/8/2004
Loan Approval Gross Amount
$368,000
Loan Approval from the SBA
Of the total $368,000 loan amount, the SBA guaranteed $276,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
The UPS Store
How Equity Dilution Works
SBA Participating Banks in Houston, Texas
SBA Lenders in Texas