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April 20, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Anaheim, Business Loans > Premier Comm. Bank Anaheim Business Loans > Aliso Creek Printing Minuteman Loan | ||||
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Where to Get a Business Loan to Purchase a Franchise
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California Entrepreneur Secures Financing to Buy Minuteman Press FranchiseNeed a loan to buy a Minuteman Press franchise? Premier Comm. Bank has a history of making these loans and they are guaranteed by the SBA. Minuteman Press franchise loans are available to Laguna Niguel, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Premier Comm. Bank, based in Anaheim, California, issued an SBA franchise loan for a Minuteman Press franchise in 2003. We've got all the details on this California small business loan. SBA Loan Borrower ALISO CREEK PRINTING MINUTEMAN SBA Loan Lender PREMIER COMM. BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323119 - Commercial Printing Loan Approval Date 11/5/2003 Loan Approval Gross Amount $735,000 Loan Approval from the SBA Of the total $735,000 loan amount, the SBA guaranteed $551,250. 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 6 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $735,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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. SBA 7A Banks for Anaheim, California Loans
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