Spring Hill, FL Entrepreneur Gets SBA Loan to Buy Sir Speedy Printing Center Franchise

Borrowing money to buy a Sir Speedy Printing Center franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Spring Hill, Florida needed money to invest in a Sir Speedy Printing Center franchise back in 2002. Bank Of America issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

SIR SPEEDY PRINTING CENTER
SPRING HILL, FL 34608

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323114 - Quick Printing

Loan Approval Date

8/22/2002

Loan Approval Gross Amount

$142,000

Loan Approval from the SBA

Of the total $142,000 loan amount, the SBA guaranteed $71,000.

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 3 employees. The loan application indicated that the loan would help generate 11 new jobs and retain 11 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

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 Bank Of America 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:

Sir Speedy, Inc.

Role of Business Plan When Raising Money

Small Business Banks in Charlotte, North Carolina

North Carolina SBA Bank Lenders