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May 5, 2024  
 
 
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Missouri Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a The UPS Store Franchise

Borrowing money to invest in a UPS Store franchise? Pulaski Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Lake Saint Louis, Missouri needed money to invest in a The UPS Store franchise back in 2004. Pulaski Bank issued an SBA franchise loan. Here are the details on this Missouri small business loan.

SBA Loan Borrower

LUCRE INC
LAKE SAINT LOUIS, MO 63367

SBA Loan Lender

PULASKI BANK
12300 OLIVE BLVD
SAINT LOUIS, MO 63141

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

8/20/2004

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 a new business. This loan was used to buy a The UPS Store franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Lake Saint Louis MO, you ought to talk with a local Lake Saint Louis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lake Saint Louis businesses.

This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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

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Who Lends Money to Small Businesses in Saint Louis, Missouri

Getting an SBA Loan in Missouri