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April 23, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Springfield, Business Loans > The Farmers Bank Springfield Business Loans > Postal Connections Of America Loan | ||||
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Business Loans for Hendersonville Small Business Owners
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Hendersonville, TN Entrepreneur Gets SBA Loan to Buy Postal Connections Of America FranchiseBorrowing money to invest in a Postal Connections Of America franchise? The Farmers Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Postal Connections Of America franchise? If so, here's a 2005 SBA franchise loan that you should know about. The Farmers Bank was the lender and the entrepreneur was based in Hendersonville, Tennessee. SBA Loan Borrower POSTAL CONNECTIONS OF AMERICA SBA Loan Lender THE FARMERS BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services NAICS Code 561431 - Private Mail Centers Loan Approval Date 8/1/2005 Loan Approval Gross Amount $95,000 Loan Approval from the SBA Of the total $95,000 loan amount, the SBA guaranteed $80,750. 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 4 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source This SBA loan was for $95,000. How would you spend $95,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Springfield, Tennessee
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