Borrow Money to Buy a Pakmail Centers Of America Franchise

Borrowing money to invest in a Pakmail Centers Of America franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Pakmail Centers Of America franchise requires some effort but others before you have been successful. In 2001, Bank Of America issued an SBA franchise loan to an entrepreneur in Pompano Beach, Florida. Because Pakmail Centers Of America was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

PAK MAIL STORE #606
POMPANO BEACH, FL 33076

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

561499 - Business Support Services

Loan Approval Date

12/10/2001

Loan Approval Gross Amount

$67,000

Loan Approval from the SBA

Of the total $67,000 loan amount, the SBA guaranteed $33,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pakmail Centers Of America franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of America and they will explain how you can get an SBA loan for your company.

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:

Pak Mail Centers of America, Inc.

Debt Financing

Small Business Banks in Charlotte, North Carolina

Getting an SBA Loan in North Carolina