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November 16, 2024  
 
 
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Business Loans for Dolton Business Owners

 

 
Loan Census SBA Loan Info

Dolton, IL Entrepreneur Gets SBA Loan to Buy Post Net Franchise

Borrowing money to invest in a Post Net franchise? Lasalle Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Post Net franchise may simply require a phone call to a local SBA banker. In 2005, Lasalle Bank issued an SBA franchise loan to an entrepreneur in Dolton, Illinois. Because Post Net was registered with the SBA's registry of franchises, this Illinois small business loan was issued on an expedited basis.

SBA Loan Borrower

POST NET
DOLTON, IL 60419

SBA Loan Lender

LASALLE BANK
135 S LASALLE ST
CHICAGO, IL 60603

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

3/22/2005

Loan Approval Gross Amount

$186,000

Loan Approval from the SBA

Of the total $186,000 loan amount, the SBA guaranteed $139,500.

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 only one employee. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Getting an SBA Loan For Your Business

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $186,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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

SBIR Funding

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Getting an SBA Loan in Illinois