Internatl Bank - Miami Provides SBA Loan to Buy Sir Speedy Printing Center Franchise

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

Getting money to buy a Sir Speedy Printing Center franchise shouldn't be overly burdensome. In 2002, Internatl Bank - Miami issued an SBA franchise loan to an entrepreneur in Miami, Florida. Because Sir Speedy Printing Center was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

JONNICO CORPORATION/RENNAK INC
6161 MIAMI LAKES DRIVE #15A
MIAMI, FL 33015

SBA Loan Lender

INTERNATL BANK - MIAMI
121 ALHAMBRA PLAZA
CORAL GABLES, FL 33134

This lender provides SBA commercial 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

323114 - Quick Printing

Loan Approval Date

8/21/2002

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower, Jonnico Corporation/rennak Inc, 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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs. This loan was paid in full, and was closed out on 9/29/2006.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Jonnico Corporation/rennak Inc got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Sir Speedy, Inc.

Attracting Investors

SBA Banks in Coral Gables, Florida

Find an SBA Lender in Florida

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.