Loan Census Banking News and Information
December 22, 2024  
 
 
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Advice for Getting a Franchise Loan

 

 
Loan Census SBA Loan Info

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.

Related Links:

PostNet Postal & Business Services

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Best San Jose, California Banks for Small Business

SBA California Lenders