Bradenton, FL Entrepreneur Gets SBA Loan to Buy Sir Speedy Printing Center Franchise

Need a loan to invest in a Sir Speedy Printing Center franchise? Community Bank Of Manatee has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Bradenton, Florida needed money to invest in a Sir Speedy Printing Center franchise back in 2002. Community Bank Of Manatee issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

SIR SPEEDY
BRADENTON, FL 34207

SBA Loan Lender

COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203

This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

NAICS Code

323114 - Quick Printing

Loan Approval Date

1/25/2002

Loan Approval Gross Amount

$558,800

Loan Approval from the SBA

Of the total $558,800 loan amount, the SBA guaranteed $419,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Sir Speedy Printing Center franchise. At the time of the loan, the company had 14 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

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.

Equity Financing

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Florida SBA 7A Banks