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May 13, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > The Ups Store And Mail Boxes E Loan | ||||
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Is It Possible to Borrow Money for a Franchise in Escanaba, Michigan?
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Borrow Money to Buy a Mail Boxes Etc. Usa FranchiseNeed a loan to buy a Mail Boxes Etc. Usa franchise? Capital One has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Mail Boxes Etc. Usa franchise? If so, here's a 2004 SBA franchise loan that you should know about. Capital One was the lender and the entrepreneur was based in Escanaba, Michigan. SBA Loan Borrower THE UPS STORE AND MAIL BOXES E SBA Loan Lender CAPITAL ONE This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 5/14/2004 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you have been wondering how do i get money to start a business in Escanaba MI, you ought to talk with a local Escanaba SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Escanaba businesses. We can help you find the best banks for small businesses in Escanaba or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Bank Loans in Mclean, Virginia
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