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November 22, 2024  
 
 
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Webster Bank SBA Franchise Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Sir Speedy Printing Center Franchise

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

Want to borrow money to buy a Sir Speedy Printing Center franchise? If so, here's a 2007 SBA franchise loan that you should know about. Webster Bank was the lender and the entrepreneur was based in Waterbury, Connecticut.

SBA Loan Borrower

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

SBA Loan Lender

WEBSTER BANK
145 BANK ST
WATERBURY, CT 06702

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

6/27/2007

Loan Approval Gross Amount

$270,000

Loan Approval from the SBA

Of the total $270,000 loan amount, the SBA guaranteed $202,500.

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 typically are available at competitive interest rates and have no balloon payments or annual reviews.

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:

Sir Speedy, Inc.

The Art of Bootstrapping

Small Bank Loans in Waterbury, Connecticut

Getting a Business Loan in Connecticut