Loan to Buy Post Net Franchise Issued By Shorebank Devel Corporation Ch

Need a loan to buy a Post Net franchise? Shorebank Devel Corporation Ch has a history of making these loans and they are guaranteed by the SBA.

Post Net franchise loans are available to Chicago, Illinois entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Shorebank Devel Corporation Ch, based in Chicago, Illinois, issued an SBA franchise loan for a Post Net franchise in 2003. We've got all the details on this Illinois small business loan.

SBA Loan Borrower

POST NET
CHICAGO, IL 60602

SBA Loan Lender

SHOREBANK DEVEL CORPORATION CH
5100 W HARRISON
CHICAGO, IL 60644

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

7/30/2003

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

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 4 employees. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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:

PostNet Postal & Business Services

Startup Funding Tip

SBA 7A Banks for Chicago, Illinois Loans

Illinois SBA Bank Lenders