Rbs Citizens Provides SBA Loan to Buy Sir Speedy Printing Center Franchise

Need a loan to purchase a Sir Speedy Printing Center franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Sir Speedy Printing Center franchise is doable. In 2003, Rbs Citizens issued an SBA franchise loan to an entrepreneur in Boston, Massachusetts. Because Sir Speedy Printing Center was registered with the SBA's registry of franchises, this Massachusetts small business loan was issued on an expedited basis.

SBA Loan Borrower

SIR SPEEDY
BOSTON, MA 02114

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323114 - Quick Printing

Loan Approval Date

9/12/2003

Loan Approval Gross Amount

$1,000

Loan Approval from the SBA

Of the total $1,000 loan amount, the SBA guaranteed $500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sir Speedy Printing Center franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 9 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Sir Speedy, Inc.

Borrowing Money from Friends and Family

Find an SBA Lender in Providence, Rhode Island

Getting an SBA Loan in Rhode Island