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November 21, 2024  
 
 
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Requirements for Getting a Franchise Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Minuteman Press Franchise

Need money to purchase a Minuteman Press franchise? Focus Business Bank has a history of making these loans and they are guaranteed by the SBA.

Minuteman Press franchise loans are available to Roseville, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Focus Business Bank, based in San Jose, California, issued an SBA franchise loan for a Minuteman Press franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

MINUTEMAN PRESS ROSEVILLE
ROSEVILLE, CA 95661

SBA Loan Lender

FOCUS BUSINESS BANK
10 ALMADEN BLVD, STE 150
SAN JOSE, CA 95113

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

6/26/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Minuteman Press franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the borrowed money would help generate 2 new jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Focus Business Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Focus Business 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:

Minuteman Press International, Inc.

Direct Public Offerings

Small Bank Loans in San Jose, California

SBA California Banks