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May 1, 2024  
 
 
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Tucson, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

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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