Borrow Money to Buy a Minuteman Press Franchise

Need a loan to invest in a Minuteman Press franchise? The Bank Of Canton has a history of making these loans and they are guaranteed by the SBA.

Minuteman Press franchise loans are available to Brockton, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, The Bank Of Canton, based in Canton, Massachusetts, issued an SBA franchise loan for a Minuteman Press franchise in 2005. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

MINUTEMAN PRESS OF BROCKTON
BROCKTON, MA 02302

SBA Loan Lender

THE BANK OF CANTON
490 TURNPIKE ST
CANTON, MA 02021

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

323119 - Commercial Printing

Loan Approval Date

9/1/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Minuteman Press franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into The Bank Of Canton and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Minuteman Press International, Inc.

Bank Credit Lines

Best Banks for Small Business in Canton, Massachusetts

SBA Lenders in Massachusetts