Wells Fargo Bank Provides SBA Loan to Buy Post Net Franchise
Borrowing money to buy 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 Thousand Oaks, California 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 2002. We've got all the details on this California small business loan.
SBA Loan Borrower
CONEJO VALLEY POSTNET
THOUSAND OAKS, CA 91360
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561431 - Private Mail Centers
Loan Approval Date
9/17/2002
Loan Approval Gross Amount
$93,300
Loan Approval from the SBA
Of the total $93,300 loan amount, the SBA guaranteed $79,305.
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 retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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