Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Financing Lender Manteca California

 

 
Loan Census SBA Loan Info

Loan to Buy Mail Boxes Etc. Usa Franchise Issued By Farmers & Merchants Bank - Cent.

Need a loan to invest in a Mail Boxes Etc. Usa franchise? Farmers & Merchants Bank - Cent. 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 2000 SBA franchise loan that you should know about. Farmers & Merchants Bank - Cent. was the lender and the entrepreneur was based in Manteca, California.

SBA Loan Borrower

MAIL BOXES ETC
MANTECA, CA 95337

SBA Loan Lender

FARMERS & MERCHANTS BANK - CENT.
8788 ELK GROVE BLVD
ELK GROVE, CA 95624

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.

SIC Code

7389 - Business Services

Loan Approval Date

7/14/2000

Loan Approval Gross Amount

$116,000

Loan Approval from the SBA

Of the total $116,000 loan amount, the SBA guaranteed $87,000.

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 5 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Manteca CA, you ought to talk with a local Manteca SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Manteca businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Mailboxes Etc.

Financing Your Business

Banks in Elk Grove, California

Getting an SBA Loan in California