Loan to Buy Sir Speedy Printing Center Franchise Issued By Insouth Bank

Borrowing money to buy a Sir Speedy Printing Center franchise? Insouth 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 2004 SBA franchise loan that you should know about. Insouth Bank was the lender and the entrepreneur was based in Nashville, Tennessee.

SBA Loan Borrower

KLM PRINTING, INC
NASHVILLE, TN 37203

SBA Loan Lender

INSOUTH BANK
6141 WALNUT GROVE RD
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 business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7334 - Photocopying and Duplicating Services

NAICS Code

323115 - Digital Printing

Loan Approval Date

5/18/2004

Loan Approval Gross Amount

$578,000

Loan Approval from the SBA

Of the total $578,000 loan amount, the SBA guaranteed $433,500.

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 12 employees. The loan application did not indicate that the small business planned to use the funding to add 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.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Insouth Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

Angel Investors

SBA 7A Banks in Memphis, Tennessee

Getting an SBA Loan in Tennessee