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May 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Indianapolis, Business Loans > National City Bank Indianapolis Business Loans > The Ups Store Loan | ||||
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Raising Money in Fairland, Indiana With SBA Loans
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National City Bank Provides SBA Loan to Buy The UPS Store FranchiseNeed money to buy a UPS Store franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a The UPS Store franchise is doable. In 2004, National City Bank issued an SBA franchise loan to an entrepreneur in Fairland, Indiana. Because The UPS Store was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis. SBA Loan Borrower THE UPS STORE SBA Loan Lender NATIONAL CITY BANK The lender provided this commercial 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 8/3/2004 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 The UPS Store franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 9 new jobs and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Fairland 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 Indianapolis, Indiana
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