Arizona Entrepreneur Secures Financing to Buy Post Net Franchise
Borrowing money to invest in a Post Net franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Tucson, Arizona needed money to invest in a Post Net franchise back in 2003. Jpmorgan Chase Bank issued an SBA franchise loan. Here are the details on this Arizona small business loan.
SBA Loan Borrower
POSTNET
TUCSON, AZ 85712
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812990 - Personal Services
Loan Approval Date
6/19/2003
Loan Approval Gross Amount
$91,100
Loan Approval from the SBA
Of the total $91,100 loan amount, the SBA guaranteed $77,435.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Jpmorgan Chase Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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