Illinois Entrepreneur Secures Financing to Buy Money Mailer Franchise

Borrowing money to buy a Money Mailer franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Money Mailer franchise? If so, here's a 2002 SBA franchise loan that you should know about. National City Bank was the lender and the entrepreneur was based in Aurora, Illinois.

SBA Loan Borrower

MONEY MAILER OF GREATER OHARE
AURORA, IL 60504

SBA Loan Lender

NATIONAL CITY BANK
2595 WAUKEGAN RD
BANNOCKBURN, IL 60015

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

511140 - Database and Directory Publishers

Loan Approval Date

11/19/2002

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $22,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Money Mailer franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Aurora IL, you ought to talk with a local Aurora SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Aurora businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Money Mailer, LLC

Microlending as a Small Business Funding Source

Banks in Bannockburn, Illinois

SBA Lenders in Illinois