Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan to Buy a Franchise in Reedsville, Pennsylvania

 

 
Loan Census SBA Loan Info

Pennsylvania Entrepreneur Secures Financing to Buy Goin' Postal Franchise

Need money to invest in a Goin' Postal franchise? Kishacoquillas Valley National has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Goin' Postal franchise may simply require a phone call to a local SBA banker. In 2006, Kishacoquillas Valley National issued an SBA franchise loan to an entrepreneur in Reedsville, Pennsylvania. Because Goin' Postal was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.

SBA Loan Borrower

GOIN POSTAL
REEDSVILLE, PA 17084

SBA Loan Lender

KISHACOQUILLAS VALLEY NATIONAL
4255 E MAIN ST
BELLEVILLE, PA 17004

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

8/2/2006

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Goin' Postal franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the borrowed money would help create 2 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Goin' Postal

Equity Financing

Banks in Belleville, Pennsylvania

Getting an SBA Loan in Pennsylvania