Tennessee Entrepreneur Secures Financing to Buy Sir Speedy Printing Center Franchise
Need a loan to buy a Sir Speedy Printing Center franchise? Trust One 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 2006 SBA franchise loan that you should know about. Trust One Bank was the lender and the entrepreneur was based in Memphis, Tennessee.
SBA Loan Borrower
SIR SPEEDY PRINTING
MEMPHIS, TN 38111
SBA Loan Lender
TRUST ONE BANK
1715 AARON BRENNER DR, STE 10
MEMPHIS, TN 38120
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2752 - Lithographic Commercial Printing
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
9/18/2006
Loan Approval Gross Amount
$555,000
Loan Approval from the SBA
Of the total $555,000 loan amount, the SBA guaranteed $416,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Sir Speedy Printing Center franchise. At the time of the loan, the company
had 15 employees. The loan application did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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
SBA Participating Banks in Memphis, Tennessee
Tennessee SBA 7A Banks