Loan Census Banking News and Information
December 21, 2024  
 
 
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Business Loans for Lake Havasu City Business Owners

 

 
Loan Census SBA Loan Info

Loan to Buy Postal Connections Of America Franchise Issued By Mohave State Bank

Need a loan to purchase a Postal Connections Of America franchise? Mohave State Bank has a history of making these loans and they are guaranteed by the SBA.

Postal Connections Of America franchise loans are available to Lake Havasu City, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Mohave State Bank, based in Lake Havasu City, Arizona, issued an SBA franchise loan for a Postal Connections Of America franchise in 2003. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

POSTAL CONNECTIONS
LAKE HAVASU CITY, AZ 86406

SBA Loan Lender

MOHAVE STATE BANK
1771 MCCULLOCH BLVD
LAKE HAVASU CITY, AZ 86403

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

492210 - Local Messengers and Local Delivery

Loan Approval Date

4/25/2003

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Postal Connections Of America franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Lake Havasu City AZ, you ought to talk with a local Lake Havasu City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lake Havasu City businesses.

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 $80,000 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:

Postal Connections of America

Financing Your Business

Banks in Lake Havasu City, Arizona

SBA Participating Banks in Arizona