Loan to Buy Money Mailer Franchise Issued By South Cnty Bank
Need money to buy a Money Mailer franchise? South Cnty Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Santa Rosa, California needed money to invest in a Money Mailer franchise back in 2005. South Cnty Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
MONEY MAILER OF SONOMA
SANTA ROSA, CA 95407
SBA Loan Lender
SOUTH CNTY BANK
22342 AVENIDA EMPRESA, STE A1
RANCHO SANTA MARGARIT, CA 92688
This SBA small 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
511199 - Publishers
Loan Approval Date
12/27/2005
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $375,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Money Mailer franchise. At the time of the loan, the company
had only one employee. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
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Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours 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:
Money Mailer, LLC
Alternative Financing
SBA 7A Banks in Rancho Santa Margarit, California
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