Idaho Entrepreneur Secures Financing to Buy Minuteman Press Franchise
Borrowing money to buy a Minuteman Press franchise? Mountain West Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Coeur D'Alene, Idaho and are interested in buying a Minuteman Press franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Mountain West Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
MINUTEMEN INTERNATIONAL PRESS
COEUR D'ALENE, ID 83814
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
This lender provides SBA bank 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
561439 - Business Service Centers
Loan Approval Date
4/25/2001
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Minuteman Press franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours 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 Business Loan
Who Lends Money to Small Businesses in Coeur D'Alene, Idaho
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