Lawrence, KS Entrepreneur Gets SBA Loan to Buy Minuteman Press Franchise

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

An entrepreneur in Lawrence, Kansas needed money to invest in a Minuteman Press franchise back in 2001. Central National Bank issued an SBA franchise loan. Here are the details on this Kansas small business loan.

SBA Loan Borrower

MINUTEMAN PRESS
LAWRENCE, KS 66049

SBA Loan Lender

CENTRAL NATIONAL BANK
711 WAKARUSA DR
LAWRENCE, KS 66049

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

NAICS Code

323119 - Commercial Printing

Loan Approval Date

7/24/2001

Loan Approval Gross Amount

$76,931

Loan Approval from the SBA

Of the total $76,931 loan amount, the SBA guaranteed $57,698.

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 13 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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 Central National 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:

Minuteman Press International, Inc.

Find Start-Up Capital

Where to Get an SBA Loan in Lawrence, Kansas

Getting a Business Loan in Kansas