Dublin, CA Entrepreneur Gets SBA Loan to Buy Minuteman Press Franchise

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

Minuteman Press franchise loans are available to Dublin, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Focus Business Bank, based in San Jose, California, issued an SBA franchise loan for a Minuteman Press franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

MINUTEMAN PRESS DUBLIN
DUBLIN, CA 94568

SBA Loan Lender

FOCUS BUSINESS BANK
10 ALMADEN BLVD, STE 150
SAN JOSE, CA 95113

This lender issued this commercial loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

4/3/2007

Loan Approval Gross Amount

$238,400

Loan Approval from the SBA

Of the total $238,400 loan amount, the SBA guaranteed $178,800.

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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Focus Business Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

Business Line of Credit

Good Banks for Small Business in San Jose, California

Getting an SBA Loan in California