Cibolo, TX Entrepreneur Gets SBA Loan to Buy Packaging And Shipping Specialists Franchise

Borrowing money to buy a Packaging And Shipping Specialists franchise? Schertz Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Packaging And Shipping Specialists franchise is doable. In 2007, Schertz Bank & Trust issued an SBA franchise loan to an entrepreneur in Cibolo, Texas. Because Packaging And Shipping Specialists was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

PACK & MAIL PLUS
CIBOLO, TX 78108

SBA Loan Lender

SCHERTZ BANK & TRUST
519 MAIN ST
SCHERTZ, TX 78154

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

561910 - Packaging and Labeling Services

Loan Approval Date

4/17/2007

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 Packaging And Shipping Specialists franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Cibolo TX, you ought to talk with a local Cibolo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cibolo businesses.

We can help you find the best banks for small businesses in Cibolo 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.

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