LOWER MACUNGIE, Pennsylvania _ Krunal “Ken” Patel and his wife, Priya, plan to open a UPS Store in Shepherd’s Corner, a new six-unit strip mall just south of the Hamilton Crossings shopping center. They plan to open the store in two to three months when construction is complete and the store is fully outfitted. The store will be located at 5585 Hamilton Boulevard.

The Patels closed on an SBA loan August 24 that will enable them to finance the project. Jeff Barber of Lehigh Financial Group LLC in Allentown arranged the SBA loan for them.

Krunal Patel, of Reading, said he had been looking for the best location to open his UPS store for some time and was familiar with Allentown having worked there for several years. “I’m very excited to open in Allentown because it’s a growing area,” he said. Also, Patel said, due to COVID, more people are making online purchases and need mailing services.

The UPS Store, Patel said, is the nation’s largest franchisor of retail shipping, postal, print and business service centers. It has about 5,000 locations across North America.

Patel said his 1,500-square-foot store will offer shipping, shredding, printing, fax, passport photos and notary services. Also, the store will feature personal and business mailboxes.

Patel had previous business experience as the owner of a tobacco store.

Barber said Patel has a good background for this new business and he is certain it will do well. Barber also said the location is ideal.

The strip mall has been in the works for more than two years but faced some pandemic related delays.

Lehigh Financial Group, LLC is a leading source of innovative real estate capital solutions and financing options for commercial customers. The company, based in Allentown, serves the Lehigh Valley region and beyond by providing capital for businesses and investors locally, regionally and nationwide. For more information on Lehigh Financial Group LLC, please see our website at http://www.lehighfinancialgroup.com.

 

Information provided to TVL by Beth Orenstein on behalf of:
Lehigh Financial Group, LLC
122 North 5th Street
Allentown Pa 18102
http://www.lehighfinancialgroup.com/

 

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