Loan to Buy The UPS Store Franchise Issued By Interstate Bank, Ssb

Borrowing money to buy a UPS Store franchise? Interstate Bank, Ssb has a history of making these loans and they are guaranteed by the SBA.

The UPS Store franchise loans are available to Pampa, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Interstate Bank, Ssb, based in Perryton, Texas, issued an SBA franchise loan for a The UPS Store franchise in 2004. We've got all the details on this Texas small business loan.

SBA Loan Borrower

THE UPS STORE
PAMPA, TX 79065

SBA Loan Lender

INTERSTATE BANK, SSB
301 S MAIN ST
PERRYTON, TX 79070

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

491110 - Postal Service

Loan Approval Date

4/5/2004

Loan Approval Gross Amount

$112,000

Loan Approval from the SBA

Of the total $112,000 loan amount, the SBA guaranteed $95,200.

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 4 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Interstate Bank, Ssb and they will explain how you can get an SBA loan for your company.

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

Debt Financing

SBA Participating Banks in Perryton, Texas

Getting an SBA Loan in Texas