Borrow Money to Buy a Post Net Franchise

Borrowing money to buy a Post Net franchise? First Western Sblc, Inc 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 2003 SBA franchise loan that you should know about. First Western Sblc, Inc was the lender and the entrepreneur was based in Lee's Summit, Missouri.

SBA Loan Borrower

POST NET
LEE'S SUMMIT, MO 64082

SBA Loan Lender

FIRST WESTERN SBLC, INC
17950 PRESTON RD, STE 600,
DALLAS, TX 75252

This lender issued this SBA small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

10/7/2003

Loan Approval Gross Amount

$113,400

Loan Approval from the SBA

Of the total $113,400 loan amount, the SBA guaranteed $96,390.

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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Western Sblc, Inc had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Western Sblc, Inc made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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

Obtaining Funding - Friends and Family

SBA 7A Banks in Dallas, Texas

Texas SBA 7A Lenders