Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Arizona Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Arizona Entrepreneur Secures Financing to Buy Post Net Franchise

Need a loan to invest in a Post Net franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Post Net franchise loans are available to Surprise, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in San Jose, California, issued an SBA franchise loan for a Post Net franchise in 2005. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

POSTNET
SURPRISE, AZ 85374

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561439 - Business Service Centers

Loan Approval Date

9/21/2005

Loan Approval Gross Amount

$122,200

Loan Approval from the SBA

Of the total $122,200 loan amount, the SBA guaranteed $103,870.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Surprise or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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

Accountant's Role in Securing Financing

Best San Jose, California Banks for Small Business

Getting a Business Loan in California