Borrow Money to Buy a Minuteman Press Franchise

Borrowing money to purchase a Minuteman Press franchise? American Bank Of The North has a history of making these loans and they are guaranteed by the SBA.

Minuteman Press franchise loans are available to Cohasset, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, American Bank Of The North, based in Nashwauk, Minnesota, issued an SBA franchise loan for a Minuteman Press franchise in 2003. We've got all the details on this Minnesota small business loan.

SBA Loan Borrower

MINUTE MAN PRESS
COHASSET, MN 55721

SBA Loan Lender

AMERICAN BANK OF THE NORTH
117 CENTRAL AVE
NASHWAUK, MN 55769

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

323110 - Commercial Lithographic Printing

Loan Approval Date

4/9/2003

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Minuteman Press franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in Cohasset MN, you ought to talk with a local Cohasset SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cohasset businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Minuteman Press International, Inc.

Famous Venture Capitalists

Where to Get an SBA Loan in Nashwauk, Minnesota

SBA Minnesota Banks