Waukesha State Bank Provides SBA Loan to Buy Minuteman Press Franchise
Need money to invest in a Minuteman Press franchise? Waukesha State Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Minuteman Press franchise? If so, here's a 2007 SBA franchise loan that you should know about. Waukesha State Bank was the lender and the entrepreneur was based in Waukesha, Wisconsin.
SBA Loan Borrower
MINUTEMAN PRESS
WAUKESHA, WI 53189
SBA Loan Lender
WAUKESHA STATE BANK
100 BANK ST
WAUKESHA, WI 53188
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323114 - Quick Printing
Loan Approval Date
6/6/2007
Loan Approval Gross Amount
$112,500
Loan Approval from the SBA
Of the total $112,500 loan amount, the SBA guaranteed $95,625.
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 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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.
The Art of Bootstrapping
Where to Get an SBA Loan in Waukesha, Wisconsin
SBA Wisconsin Lenders