Westlake Village, CA Entrepreneur Gets SBA Loan to Buy Minuteman Press Franchise

Need money to purchase a Minuteman Press franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Minuteman Press franchise shouldn't be overly burdensome. In 2001, Community W. Bank issued an SBA franchise loan to an entrepreneur in Westlake Village, California. Because Minuteman Press was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

MINUTEMAN PRESS
WESTLAKE VILLAGE, CA 91362

SBA Loan Lender

COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117

This lender provides SBA guaranteed 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

323114 - Quick Printing

Loan Approval Date

5/18/2001

Loan Approval Gross Amount

$143,200

Loan Approval from the SBA

Of the total $143,200 loan amount, the SBA guaranteed $121,720.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community W. Bank 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.

The Friends and Family Network

Best Banks for Small Business in Goleta, California

California SBA Banks