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April 27, 2024  
 
 
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Florida Entrepreneur Secures Financing to Buy Sir Speedy Printing Center Franchise

Need a loan to invest in a Sir Speedy Printing Center franchise? Community Bank Of Manatee has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Tampa, Florida needed money to invest in a Sir Speedy Printing Center franchise back in 2003. Community Bank Of Manatee issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

SIR SPEEDY
TAMPA, FL 33610

SBA Loan Lender

COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203

This lender provides SBA small business 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

323119 - Commercial Printing

Loan Approval Date

5/9/2003

Loan Approval Gross Amount

$1,070,000

Loan Approval from the SBA

Of the total $1,070,000 loan amount, the SBA guaranteed $802,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Sir Speedy Printing Center franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 13 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Community Bank Of Manatee that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Sir Speedy, Inc.

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