Borrow Money to Buy a Sir Speedy Printing Center Franchise
Need money to buy a Sir Speedy Printing Center franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Sir Speedy Printing Center franchise? If so, here's a 2003 SBA franchise loan that you should know about. Unity Bank was the lender and the entrepreneur was based in Great Neck, New York.
SBA Loan Borrower
PDR INC D/B/A SIR SPEEDY
GREAT NECK, NY 11021
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
When it made this small business loan, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program aims to offer speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
3/5/2003
Loan Approval Gross Amount
$496,000
Loan Approval from the SBA
Of the total $496,000 loan amount, the SBA guaranteed $372,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Sir Speedy Printing Center franchise. At the time of the loan, the company
had 8 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Unity Bank and they will explain how you can get an SBA loan for your company.
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:
Sir Speedy, Inc.
Business Incubators
Where to Get an SBA Loan in Clinton, New Jersey
Getting a Business Loan in New Jersey