Borrow Money to Buy a Pakmail Centers Of America Franchise

Need a loan to invest in a Pakmail Centers Of America franchise? First Bank And Trust has a history of making these loans and they are guaranteed by the SBA.

Pakmail Centers Of America franchise loans are available to Gretna, Louisiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Bank And Trust, based in Harvey, Louisiana, issued an SBA franchise loan for a Pakmail Centers Of America franchise in 2003. We've got all the details on this Louisiana small business loan.

SBA Loan Borrower

PAKMAIL
GRETNA, LA 70056

SBA Loan Lender

FIRST BANK AND TRUST
2800 MANHATTAN BLVD, STE C
HARVEY, LA 70058

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

3/6/2003

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pakmail Centers Of America franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

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

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Pak Mail Centers of America, Inc.

Business Line of Credit

SBA Approved Banks in Harvey, Louisiana

Where to Get an SBA Loan Louisiana