Florida Entrepreneur Secures Financing to Buy Sir Speedy Printing Center Franchise
Need a loan to invest in a Sir Speedy Printing Center franchise? Community Bank Of Manatee has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Tampa, Florida needed money to invest in a Sir Speedy Printing Center franchise back in 2003. Community Bank Of Manatee issued an SBA franchise loan. Here are the details on this Florida small business loan.
SBA Loan Borrower
SIR SPEEDY
TAMPA, FL 33610
SBA Loan Lender
COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203
This lender provides SBA small business loans 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
323119 - Commercial Printing
Loan Approval Date
5/9/2003
Loan Approval Gross Amount
$1,070,000
Loan Approval from the SBA
Of the total $1,070,000 loan amount, the SBA guaranteed $802,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Sir Speedy Printing Center franchise. At the time of the loan, the company
had 12 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 13 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community Bank Of Manatee that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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