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November 15, 2024  
 
 
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Business Loans for Folsom Small Businesses

 

 
Loan Census SBA Loan Info

Loan to Buy Postal Annex Plus Franchise Issued By Umpqua Bank

Need a loan to invest in a Postal Annex Plus franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Postal Annex Plus franchise requires some effort but others before you have been successful. In 2005, Umpqua Bank issued an SBA franchise loan to an entrepreneur in Folsom, California. Because Postal Annex Plus was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

POSTAL ANNEX & SERVICE CENTER
FOLSOM, CA 95630

SBA Loan Lender

UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561439 - Business Service Centers

Loan Approval Date

6/29/2005

Loan Approval Gross Amount

$101,500

Loan Approval from the SBA

Of the total $101,500 loan amount, the SBA guaranteed $86,275.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Postal Annex Plus franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Umpqua Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Angel Investors

Banks in Roseburg, Oregon

SBA Oregon Lenders