Great Western Bank Provides SBA Loan to Buy Postal Connections Of America Franchise

Borrowing money to purchase a Postal Connections Of America franchise? Great Western Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Postal Connections Of America franchise may simply require a phone call to a local SBA banker. In 2003, Great Western Bank issued an SBA franchise loan to an entrepreneur in Casa Grande, Arizona. Because Postal Connections Of America was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

POSTAL CONNECTIONS OF AMERICA
CASA GRANDE, AZ 85222

SBA Loan Lender

GREAT WESTERN BANK
1300 E FLORENCE BLVD
CASA GRANDE, AZ 85222

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

4/2/2003

Loan Approval Gross Amount

$73,900

Loan Approval from the SBA

Of the total $73,900 loan amount, the SBA guaranteed $62,815.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Postal Connections Of America franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $73,900 loan. Remember, feel the fear, and do it anyway.

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:

Postal Connections of America

A Company That Helps Entrepreneurs

SBA Participating Banks in Casa Grande, Arizona

SBA Lenders in Arizona