Loan to Buy Postal Instant Press Franchise Issued By Umpqua Bank

Need money to buy a Postal Instant Press franchise? Umpqua Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Postal Instant Press franchise may simply require a phone call to a local SBA banker. In 2001, Umpqua Bank issued an SBA franchise loan to an entrepreneur in San Bernardino, California. Because Postal Instant Press was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

RALPH HERNANDEZ
SAN BERNARDINO, CA 92401

SBA Loan Lender

UMPQUA BANK
305 SOSCOL AVE
NAPA, CA 94559

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 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

323119 - Commercial Printing

Loan Approval Date

10/16/2001

Loan Approval Gross Amount

$521,000

Loan Approval from the SBA

Of the total $521,000 loan amount, the SBA guaranteed $390,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Postal Instant Press franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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 Umpqua Bank 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.

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