Dallas, PA Entrepreneur Gets SBA Loan to Buy Mailboxes & Parcel Depot Franchise

Need money to purchase a Mailboxes & Parcel Depot franchise? First Lib Bank & Trust A Divisio has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Mailboxes & Parcel Depot franchise? If so, here's a 2000 SBA franchise loan that you should know about. First Lib Bank & Trust A Divisio was the lender and the entrepreneur was based in Dallas, Pennsylvania.

SBA Loan Borrower

MAIL BOXES ETC.
DALLAS, PA 18612

SBA Loan Lender

FIRST LIB BANK & TRUST A DIVISIO
101 MAIN ST
LACEYVILLE, PA 18623

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

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

11/9/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Mailboxes & Parcel Depot franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Financing Your Business

SBA Participating Banks in Laceyville, Pennsylvania

Pennsylvania SBA Bank Lenders