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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Hanmi Bank Los Angeles Business Loans > Postal Annex #177 Loan | ||||
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Good Sources for La Jolla SBA Loans
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California Entrepreneur Secures Financing to Buy Postal Annex Plus FranchiseBorrowing money to buy a Postal Annex Plus franchise? Hanmi Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Postal Annex Plus franchise? If so, here's a 2004 SBA franchise loan that you should know about. Hanmi Bank was the lender and the entrepreneur was based in La Jolla, California. SBA Loan Borrower POSTAL ANNEX #177 SBA Loan Lender HANMI BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 561431 - Private Mail Centers Loan Approval Date 7/7/2004 Loan Approval Gross Amount $170,000 Loan Approval from the SBA Of the total $170,000 loan amount, the SBA guaranteed $85,000. 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. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $170,000. How would you spend $170,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Los Angeles, California Banks for Small Business Browse All Business Loan Sources for California
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