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May 2, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Louis, Business Loans > National City Bank Saint Louis Business Loans > Minuteman Press Loan | ||||
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Business Loans for Ballwin Small Business Owners
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Borrow Money to Buy a Minuteman Press FranchiseNeed a loan to purchase a Minuteman Press franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Minuteman Press franchise? If so, here's a 2000 SBA franchise loan that you should know about. National City Bank was the lender and the entrepreneur was based in Ballwin, Missouri. SBA Loan Borrower MINUTEMAN PRESS SBA Loan Lender NATIONAL CITY BANK This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2759 - Commercial Printing Loan Approval Date 9/12/2000 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $90,000. 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 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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. Small Bank Loans in Saint Louis, Missouri Where to Get an SBA Loan Missouri
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