Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Advice for Financing a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Pip Printing Franchise

Borrowing money to invest in a Pip Printing franchise? Capital One has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Pip Printing franchise may simply require a phone call to a local SBA banker. In 2003, Capital One issued an SBA franchise loan to an entrepreneur in Moreno Valley, California. Because Pip Printing was registered with the SBA's registry of franchises, this California small business loan was issued on an expedited basis.

SBA Loan Borrower

PIP PRINTING
MORENO VALLEY, CA 92553

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323114 - Quick Printing

Loan Approval Date

12/4/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Pip Printing franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Capital One and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

PIP Printing & Document Services

Equity Financing

Find an SBA Lender in Mclean, Virginia

Find an SBA Lender in Virginia