Rbs Citizens Provides SBA Loan to Buy Minuteman Press Franchise

Need a loan to buy a Minuteman Press franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA.

Minuteman Press franchise loans are available to East Haven, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbs Citizens, based in New Haven, Connecticut, issued an SBA franchise loan for a Minuteman Press franchise in 2002. We've got all the details on this Connecticut small business loan.

SBA Loan Borrower

SABAR GRAPHICS, LLC.
EAST HAVEN, CT 06512

SBA Loan Lender

RBS CITIZENS
209 CHURCH ST
NEW HAVEN, CT 06510

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2752 - Lithographic Commercial Printing

NAICS Code

323117 - Books Printing

Loan Approval Date

11/20/2002

Loan Approval Gross Amount

$310,500

Loan Approval from the SBA

Of the total $310,500 loan amount, the SBA guaranteed $232,875.

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 SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbs Citizens are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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