Fullerton Community Bank, Fsb Provides SBA Loan to Buy Minuteman Press Franchise

Borrowing money to invest in a Minuteman Press franchise? Fullerton Community Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

Minuteman Press franchise loans are available to Westlake Village, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Fullerton Community Bank, Fsb, based in Fullerton, California, issued an SBA franchise loan for a Minuteman Press franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

MINUTEMAN PRESS
WESTLAKE VILLAGE, CA 91362

SBA Loan Lender

FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

4/6/2007

Loan Approval Gross Amount

$244,000

Loan Approval from the SBA

Of the total $244,000 loan amount, the SBA guaranteed $183,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

Don't apply for a loan directly with the SBA. You need to 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Fullerton Community Bank, Fsb are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

Find Start-Up Capital

SBA 7A Banks for Fullerton, California Loans

SBA Lenders in California