California Entrepreneur Secures Financing to Buy Sir Speedy Printing Center Franchise

Need a loan to buy a Sir Speedy Printing Center franchise? Pacific Western 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. Pacific Western Bank was the lender and the entrepreneur was based in Redondo Beach, California.

SBA Loan Borrower

SIR SPEEDY PRINTING 0254
REDONDO BEACH, CA 90278

SBA Loan Lender

PACIFIC WESTERN BANK
19950 BEACH BLVD
HUNTINGTON BEACH, CA 92648

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

12/24/2003

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $97,750.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in Redondo Beach CA, you ought to talk with a local Redondo Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Redondo Beach businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Pacific Western Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Pacific Western Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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.

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