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April 27, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > The Ups Store Loan | ||||
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State College, Pennsylvania Bank Loan
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Business Lenders, LLC Provides SBA Loan to Buy Mail Boxes Etc. Usa FranchiseBorrowing money to buy a Mail Boxes Etc. Usa franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in State College, Pennsylvania needed money to invest in a Mail Boxes Etc. Usa franchise back in 2005. Business Lenders, LLC issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower THE UPS STORE SBA Loan Lender BUSINESS LENDERS, LLC This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561439 - Business Service Centers Loan Approval Date 4/14/2005 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 Mail Boxes Etc. Usa franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Best Banks in Hartford, Connecticut
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