Borrow Money to Buy a Pakmail Centers Of America Franchise

Borrowing money to invest in a Pakmail Centers Of America franchise? Trustmark National Bank has a history of making these loans and they are guaranteed by the SBA.

Pakmail Centers Of America franchise loans are available to Hernando, Mississippi entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Trustmark National Bank, based in Brandon, Mississippi, issued an SBA franchise loan for a Pakmail Centers Of America franchise in 2002. We've got all the details on this Mississippi small business loan.

SBA Loan Borrower

PAK MAIL OF AMERICA
HERNANDO, MS 38632

SBA Loan Lender

TRUSTMARK NATIONAL BANK
106 GOVERNMENT ST
BRANDON, MS 39042

This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

9/25/2002

Loan Approval Gross Amount

$108,000

Loan Approval from the SBA

Of the total $108,000 loan amount, the SBA guaranteed $91,800.

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 2 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Trustmark National Bank and they will explain how you can get an SBA loan for your company.

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.

Find Start-Up Capital

SBA 7A Lenders in Brandon, Mississippi

Where to Get an SBA Loan Mississippi