Loan Census Banking News and Information
May 6, 2024  
 
 
  Business Loan Information  
 

Cincinnati, Ohio Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Sir Speedy Printing Center Franchise

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

If you live near Cincinnati, Ohio and are interested in buying a Sir Speedy Printing Center franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Fifth Third Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SIR SPEEDY PRINTING CENTERS
CINCINNATI, OH 45249

SBA Loan Lender

FIFTH THIRD BANK
38 FOUNTAIN SQ PLZ
CINCINNATI, OH 45263

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

7/26/2005

Loan Approval Gross Amount

$112,800

Loan Approval from the SBA

Of the total $112,800 loan amount, the SBA guaranteed $95,880.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sir Speedy Printing Center franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Fifth Third Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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.

Financing Your Business

Who Lends Money to Small Businesses in Cincinnati, Ohio

Ohio SBA 7A Lenders