Washington Entrepreneur Secures Financing to Buy Post Net Franchise

Need money to buy a Post Net franchise? Columbia Community Cu has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Post Net franchise shouldn't be overly burdensome. In 2003, Columbia Community Cu issued an SBA franchise loan to an entrepreneur in Battle Ground, Washington. Because Post Net was registered with the SBA's registry of franchises, this Washington small business loan was issued on an expedited basis.

SBA Loan Borrower

POSTNET
BATTLE GROUND, WA 98604

SBA Loan Lender

COLUMBIA COMMUNITY CU
703 BROADWAY ST, STE 500
VANCOUVER, WA 98660

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

561431 - Private Mail Centers

Loan Approval Date

12/11/2003

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Post Net franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $135,000. How would you spend $135,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

PostNet Postal & Business Services

Business Incubators

SBA 7A Lenders in Vancouver, Washington

Where to Get an SBA Loan Washington