Antelope, CA Entrepreneur Gets SBA Loan to Buy Postal Annex Plus Franchise
Need money to buy a Postal Annex Plus franchise? Innovative Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Postal Annex Plus franchise? If so, here's a 2007 SBA franchise loan that you should know about. Innovative Bank was the lender and the entrepreneur was based in Antelope, California.
SBA Loan Borrower
POSTAL ANNEX
ANTELOPE, CA 95843
SBA Loan Lender
INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561990 - Support Services
Loan Approval Date
11/14/2007
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $21,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Postal Annex Plus franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
Related Links:
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