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April 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > The Voyager Corp Dba Massage Envy Beverly Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Ups Capital Business Credit Provides SBA Loan to Buy Massage Envy FranchiseBorrowing money to invest in a Massage Envy franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Beverly Hills, California needed money to invest in a Massage Envy franchise back in 2007. Ups Capital Business Credit issued an SBA franchise loan. Here are the details on this California small business loan. SBA Loan Borrower THE VOYAGER CORP DBA MASSAGE ENVY BEVERLY SBA Loan Lender UPS CAPITAL BUSINESS CREDIT Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812990 - Personal Services Loan Approval Date 12/28/2007 Loan Approval Gross Amount $468,000 Loan Approval from the SBA Of the total $468,000 loan amount, the SBA guaranteed $351,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Massage Envy franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 23 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Ups Capital Business Credit and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Best Banks in Windsor, Connecticut
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