Saint Petersburg, FL Entrepreneur Gets SBA Loan to Buy Kwik-Kopy Franchise

Need a loan to purchase a Kwik-Kopy franchise? First Florida Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Kwik-Kopy franchise? If so, here's a 2004 SBA franchise loan that you should know about. First Florida Bank was the lender and the entrepreneur was based in Saint Petersburg, Florida.

SBA Loan Borrower

LINCOLN KWIK KOPY
SAINT PETERSBURG, FL 33701

SBA Loan Lender

FIRST FLORIDA BANK
8850 TAMIAMI TRL NORTH
NAPLES, FL 34108

This lender issued this SBA bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

NAICS Code

323114 - Quick Printing

Loan Approval Date

1/23/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Kwik-Kopy franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money for an existing business, an SBA loan can be a great funding source

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Florida Bank and they will explain how you can get an SBA loan for your company.

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:

Kwik Kopy Business Centers

Borrowing Money from Friends and Family

Small Business Banks in Naples, Florida

Florida SBA 7A Banks