U.S. Bank National Association Provides SBA Loan to Buy Post Net Franchise

Borrowing money to invest in a Post Net franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Scottsdale, Arizona needed money to invest in a Post Net franchise back in 2005. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Arizona small business loan.

SBA Loan Borrower

POSTNET INTERNATIONAL
SCOTTSDALE, AZ 85260

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This 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

491110 - Postal Service

Loan Approval Date

9/9/2005

Loan Approval Gross Amount

$98,700

Loan Approval from the SBA

Of the total $98,700 loan amount, the SBA guaranteed $83,895.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Post Net franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from U.S. Bank National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

PostNet Postal & Business Services

Determining Proper Capital Structure for a Business

Banks in Cincinnati, Ohio

Ohio SBA 7A Lenders