Richmond, TX Entrepreneur Gets SBA Loan to Buy Pods Franchise

Borrowing money to invest in a Pods franchise? Trustmark National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Pods franchise? If so, here's a 2007 SBA franchise loan that you should know about. Trustmark National Bank was the lender and the entrepreneur was based in Richmond, Texas.

SBA Loan Borrower

PORTABLE STORAGE OF CENTRAL TE
RICHMOND, TX 77469

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

493190 - Warehousing and Storage

Loan Approval Date

10/30/2007

Loan Approval Gross Amount

$783,000

Loan Approval from the SBA

Of the total $783,000 loan amount, the SBA guaranteed $587,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pods franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in Richmond TX, you ought to talk with a local Richmond SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Richmond businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Trustmark National Bank 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:

Business Line of Credit

Small Business Banks in Jackson, Mississippi

Where to Get an SBA Loan Mississippi