Borrow Money to Buy a Pakmail Centers Of America Franchise

Need a loan to invest in a Pakmail Centers Of America franchise? Connecticut River Commun Bk has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in East Granby, Connecticut needed money to invest in a Pakmail Centers Of America franchise back in 2007. Connecticut River Commun Bk issued an SBA franchise loan. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

PAK MAIL
EAST GRANBY, CT 06026

SBA Loan Lender

CONNECTICUT RIVER COMMUN BK
1190 SILAS DEANE HWY
WETHERSFIELD, CT 06109

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422130 - Industrial and Personal Service Paper Wholesalers

Loan Approval Date

8/13/2007

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pakmail Centers Of America franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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:

Pak Mail Centers of America, Inc.

Small Business Credit Cards

SBA Approved Banks in Wethersfield, Connecticut

SBA Participating Banks in Connecticut