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April 28, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Aponte Corp. Dba The Ups Store Loan | ||||
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Tips for Financing a Franchise
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Danbury, CT Entrepreneur Gets SBA Loan to Buy UPS Store FranchiseNeed a loan to buy an UPS Store franchise? Capital One has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Danbury, Connecticut needed money to invest in an UPS Store franchise back in 2004. Capital One issued an SBA franchise loan. Here are the details on this Connecticut small business loan. SBA Loan Borrower APONTE CORP. DBA THE UPS STORE SBA Loan Lender CAPITAL ONE This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 9/27/2004 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Capital One and they will explain how you can get an SBA loan for your company. 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:
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