Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Burleson, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Eagle Postal Centers Franchise Issued By Community Bank

Borrowing money to purchase an Eagle Postal Centers franchise? Community Bank has a history of making these loans and they are guaranteed by the SBA.

Eagle Postal Centers franchise loans are available to Burleson, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community Bank, based in Granbury, Texas, issued an SBA franchise loan for an Eagle Postal Centers franchise in 2005. We've got all the details on this Texas small business loan.

SBA Loan Borrower

EAGLE POSTAL CENTER #25
BURLESON, TX 76028

SBA Loan Lender

COMMUNITY BANK
500 S MORGAN ST
GRANBURY, TX 76048

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

5/19/2005

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 an existing business. This loan was used to buy an Eagle Postal Centers franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Burleson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Friends and Family Network

Small Business Banks in Granbury, Texas

SBA Texas Lenders