Loan Census Banking News and Information
December 29, 2024  
 
 
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Good Sources for Wikieup SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Postal Connections Of America Franchise

Need money to invest in a Postal Connections Of America franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Postal Connections Of America franchise shouldn't be too tough. In 2002, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Wikieup, Arizona. Because Postal Connections Of America was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.

SBA Loan Borrower

POSTAL CONNECTIONS OF AMERICA
WIKIEUP, AZ 86426

SBA Loan Lender

WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

12/20/2002

Loan Approval Gross Amount

$71,300

Loan Approval from the SBA

Of the total $71,300 loan amount, the SBA guaranteed $60,605.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Postal Connections Of America franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Wikieup 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:

Postal Connections of America

The Friends and Family Network

Banks in Phoenix, Arizona

Arizona SBA 7A Banks