San Diego, CA Entrepreneur Gets SBA Loan to Buy Postal Instant Press Franchise

Need a loan to invest in a Postal Instant Press franchise? Vineyard Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Postal Instant Press franchise is doable. In 2003, Vineyard Bank issued an SBA franchise loan to an entrepreneur in San Diego, 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

PIP PRINTING
SAN DIEGO, CA 92126

SBA Loan Lender

VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

12/15/2003

Loan Approval Gross Amount

$608,000

Loan Approval from the SBA

Of the total $608,000 loan amount, the SBA guaranteed $448,704.

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 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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Where to Get an SBA Loan California