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