Loan to Buy The UPS Store Franchise Issued By Heritage Oaks Bank
Need money to buy a UPS Store franchise? Heritage Oaks Bank has a history of making these loans and they are guaranteed by the SBA.
The UPS Store franchise loans are available to San Luis Obispo, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Heritage Oaks Bank, based in Paso Robles, California, issued an SBA franchise loan for a The UPS Store franchise in 2005. We've got all the details on this California small business loan.
SBA Loan Borrower
THE UPS STORE 2479, LLC
SAN LUIS OBISPO, CA 93401
SBA Loan Lender
HERITAGE OAKS BANK
545 12TH ST
PASO ROBLES, CA 93446
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
491110 - Postal Service
Loan Approval Date
6/2/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 7 employees. The loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 $150,000 loan. Remember, things become real when you believe you can achieve them!
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
Startup Funding Tip
SBA Participating Banks in Paso Robles, California
SBA Lenders in California