Webster Bank Provides SBA Loan to Buy Sir Speedy Printing Center Franchise

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

Sir Speedy Printing Center franchise loans are available to Waterbury, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Webster Bank, based in Waterbury, Connecticut, issued an SBA franchise loan for a Sir Speedy Printing Center franchise in 2007. We've got all the details on this Connecticut small business loan.

SBA Loan Borrower

TWO COINS, LLC. D/B/A SIR SPEEDY PRINTING
Waterbury, CT 06704

SBA Loan Lender

WEBSTER BANK
145 BANK ST
WATERBURY, CT 06702

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

6/27/2007

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

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 2 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 2 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.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Webster Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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.

Accountant's Role in Securing Financing

Good Banks for Small Business in Waterbury, Connecticut

Connecticut SBA Bank Lenders