Reedsville, PA Entrepreneur Gets SBA Loan to Buy Goin' Postal Franchise
Borrowing money to buy a Goin' Postal franchise? Kishacoquillas Valley National has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Goin' Postal franchise? If so, here's a 2006 SBA franchise loan that you should know about. Kishacoquillas Valley National was the lender and the entrepreneur was based in Reedsville, Pennsylvania.
SBA Loan Borrower
GOIN POSTAL
REEDSVILLE, PA 17084
SBA Loan Lender
KISHACOQUILLAS VALLEY NATIONAL
4255 E MAIN ST
BELLEVILLE, PA 17004
This lender issued this loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
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
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
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 2 employees. The SBA loan application for the borrower indicated that the loan would help create 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Kishacoquillas Valley National are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Goin' Postal
Getting a Small Business Loan
SBA 7A Banks in Belleville, Pennsylvania
Getting an SBA Loan in Pennsylvania