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December 27, 2024  
 
 
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Minnesota Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Sir Speedy Printing Center Franchise

Need a loan to purchase a Sir Speedy Printing Center franchise? U.S. Bank National Association 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 2004 SBA franchise loan that you should know about. U.S. Bank National Association was the lender and the entrepreneur was based in Minneapolis, Minnesota.

SBA Loan Borrower

SIR SPEEDY
MINNEAPOLIS, MN 55414

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

3/25/2004

Loan Approval Gross Amount

$652,500

Loan Approval from the SBA

Of the total $652,500 loan amount, the SBA guaranteed $489,375.

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 SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $652,500 loan. Remember, fight for what you want, and it will be yours!

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 Credit Evaluation

Small Business Banks in Cincinnati, Ohio

Find an SBA Lender in Ohio