Minneapolis, MN Entrepreneur Gets SBA Loan to Buy Sir Speedy Printing Center Franchise

Need money to buy a Sir Speedy Printing Center franchise? Anchor Bank has a history of making these loans and they are guaranteed by the SBA.

Sir Speedy Printing Center franchise loans are available to Minneapolis, Minnesota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Anchor Bank, based in Wayzata, Minnesota, issued an SBA franchise loan for a Sir Speedy Printing Center franchise in 2005. We've got all the details on this Minnesota small business loan.

SBA Loan Borrower

SIR SPEEDY
MINNEAPOLIS, MN 55403

SBA Loan Lender

ANCHOR BANK
1055 E WAYZATA BLVD EAST
WAYZATA, MN 55391

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

323110 - Commercial Lithographic Printing

Loan Approval Date

12/9/2005

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $60,000.

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 18 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 18 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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.

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