Borrow Money to Buy a Minuteman Press Franchise

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

An entrepreneur in Fort Worth, Texas needed money to invest in a Minuteman Press franchise back in 2002. State National Bank issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

MINUTEMAN PRESS
FORT WORTH, TX 76180

SBA Loan Lender

STATE NATIONAL BANK
606-A GRAPEVINE HWY
HURST, TX 76054

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

9/6/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 3 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

Minuteman Press International, Inc.

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Who Lends Money to Small Businesses in Hurst, Texas

SBA Lenders in Texas