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December 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Atascadero, Business Loans > Santa Lucia Bank Atascadero Business Loans > Postnet Of Paso Robles Loan | ||||
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Business Loans for Paso Robles Businesses
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Borrow Money to Buy a Post Net FranchiseBorrowing money to invest in a Post Net franchise? Santa Lucia Bank 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 2005 SBA franchise loan that you should know about. Santa Lucia Bank was the lender and the entrepreneur was based in Paso Robles, California. SBA Loan Borrower POSTNET OF PASO ROBLES SBA Loan Lender SANTA LUCIA BANK This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561431 - Private Mail Centers Loan Approval Date 9/16/2005 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels 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 company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 - Getting Venture Capital SBA Approved Banks in Atascadero, California
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