Loan to Buy Sir Speedy Printing Center Franchise Issued By First Security Bank

Borrowing money to buy a Sir Speedy Printing Center franchise? First Security Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Sir Speedy Printing Center franchise may simply require a phone call to a local SBA banker. In 2002, First Security Bank issued an SBA franchise loan to an entrepreneur in Bozeman, Montana. Because Sir Speedy Printing Center was registered with the SBA's registry of franchises, this Montana small business loan was issued on an expedited basis.

SBA Loan Borrower

SPEEDY PRINT
BOZEMAN, MT 59715

SBA Loan Lender

FIRST SECURITY BANK
208 E MAIN ST
BOZEMAN, MT 59715

When it made this small business loan, the lender participated in the SBA's Certified Lenders Program (CLP). This program aims to ensure fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323115 - Digital Printing

Loan Approval Date

8/12/2002

Loan Approval Gross Amount

$390,000

Loan Approval from the SBA

Of the total $390,000 loan amount, the SBA guaranteed $292,500.

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 12 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $390,000 loan. Remember, if it to be, it is up to me!

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.

How Equity Dilution Works

Small Bank Loans in Bozeman, Montana

Montana SBA 7A Lenders