Borrow Money to Buy a Pillar To Post Franchise

Need money to invest in a Pillar To Post franchise? First Merchants Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Pillar To Post franchise shouldn't be overly burdensome. In 2001, First Merchants Bank issued an SBA franchise loan to an entrepreneur in Muncie, Indiana. Because Pillar To Post was registered with the SBA's registry of franchises, this Indiana small business loan was issued on an expedited basis.

SBA Loan Borrower

PILLAR TO POST
MUNCIE, IN 47304

SBA Loan Lender

FIRST MERCHANTS BANK
200 E JACKSON ST
MUNCIE, IN 47305

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.

SIC Code

7389 - Business Services

NAICS Code

541350 - Building Inspection Services

Loan Approval Date

9/4/2001

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pillar To Post franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Pillar To Post - Professional Home Inspection

Alternative Financing

SBA Banks in Muncie, Indiana

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