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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Mail Boxes Etc. #371 Loan | ||||
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Where to Get an SBA 7A Loan to Purchase a Franchise
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California Entrepreneur Secures Financing to Buy Mail Boxes Etc. Usa FranchiseNeed money to invest in a Mail Boxes Etc. Usa franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Mail Boxes Etc. Usa franchise may simply require a phone call to a local SBA banker. In 2001, California Bank & Trust issued an SBA franchise loan to an entrepreneur in San Diego, California. Because Mail Boxes Etc. Usa was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis. SBA Loan Borrower MAIL BOXES ETC. #371 SBA Loan Lender CALIFORNIA BANK & TRUST The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 5/29/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Mail Boxes Etc. Usa franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Obtaining Funding - Friends and Family Banks in Sacramento, California
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