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April 28, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Maier Enterprises, Inc. Loan | ||||
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Englewood, Florida Bank Loan
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Englewood, FL Entrepreneur Gets SBA Loan to Buy UPS Store FranchiseNeed money to purchase an UPS Store franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA. Getting money to buy an UPS Store franchise requires some effort but others before you have been successful. In 2004, Business Lenders, LLC issued an SBA franchise loan to an entrepreneur in Englewood, Florida. Because UPS Store was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis. SBA Loan Borrower MAIER ENTERPRISES, INC. SBA Loan Lender BUSINESS LENDERS, LLC This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561439 - Business Service Centers Loan Approval Date 7/28/2004 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. 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. The SBA loan application for the borrower 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. 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 $75,000 loan. Remember, if it to be, it is up to me! 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: Family and Friend Investors - Your First Financiers SBA 7A Lenders in Hartford, Connecticut
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