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November 22, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Birmingham, Business Loans > Regions Bank Birmingham Business Loans > Post Net Postal And Business S Loan | ||||
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SBA 7A Banks in Mississippi
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Mississippi Entrepreneur Secures Financing to Buy Post Net FranchiseBorrowing money to buy a Post Net franchise? Regions Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Post Net franchise? If so, here's a 2000 SBA franchise loan that you should know about. Regions Bank was the lender and the entrepreneur was based in Gulfport, Mississippi. SBA Loan Borrower POST NET POSTAL AND BUSINESS S SBA Loan Lender REGIONS BANK This lender issued this particular loan 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. SIC Code 7389 - Business Services Loan Approval Date 9/14/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $40,000. 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 5 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Microlending as a Small Business Funding Source Best Birmingham, Alabama Banks for Small Business
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