Borrow Money to Buy a Postal Instant Press Franchise
Need money to purchase a Postal Instant Press franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Foster City, California needed money to invest in a Postal Instant Press franchise back in 2002. Comerica Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
PIP PRINTING OF FOSTER CITY
FOSTER CITY, CA 94404
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323114 - Quick Printing
Loan Approval Date
3/22/2002
Loan Approval Gross Amount
$281,000
Loan Approval from the SBA
Of the total $281,000 loan amount, the SBA guaranteed $210,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Postal Instant Press franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $281,000 loan. Remember, if it to be, it is up to me!
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:
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SBA Participating Banks in Texas