Georgia Entrepreneur Secures Financing to Buy The UPS Store Franchise

Need money to buy a UPS Store franchise? First National Bank - Nassau Cnty has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Savannah, Georgia needed money to invest in a The UPS Store franchise back in 2005. First National Bank - Nassau Cnty issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

MAJON ENTERPRISES INC.DBA THEU
SAVANNAH, GA 31419

SBA Loan Lender

FIRST NATIONAL BANK - NASSAU CNTY
1891 S 14TH ST
FERNANDINA BEACH, FL 32034

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

6/9/2005

Loan Approval Gross Amount

$864,500

Loan Approval from the SBA

Of the total $864,500 loan amount, the SBA guaranteed $648,375.

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 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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