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December 22, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Minuteman Press Loan | ||||
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Raising Money in Saint Petersburg, Florida With SBA Loans
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Loan to Buy Minuteman Press Franchise Issued By Zions First National BankBorrowing money to invest in a Minuteman Press franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA. Minuteman Press franchise loans are available to Saint Petersburg, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Zions First National Bank, based in West Valley City, Utah, issued an SBA franchise loan for a Minuteman Press franchise in 2000. We've got all the details on this Florida small business loan. SBA Loan Borrower MINUTEMAN PRESS SBA Loan Lender ZIONS FIRST NATIONAL BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7334 - Photocopying and Duplicating Services Loan Approval Date 8/8/2000 Loan Approval Gross Amount $178,000 Loan Approval from the SBA Of the total $178,000 loan amount, the SBA guaranteed $133,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Zions First National 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: Minuteman Press International, Inc. Small Bank Loans in West Valley City, Utah
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