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April 28, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Salt Lake City, Business Loans > Merrill Lynch Bank Usa Salt Lake City Business Loans > Alphagraphics Printshop Loan | ||||
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Business Loans for Bent Mountain Businesses
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Loan to Buy Alphagrafics, Printshops Of The Futu Franchise Issued By Merrill Lynch Bank UsaBorrowing money to buy an Alphagrafics, Printshops Of The Futu franchise? Merrill Lynch Bank Usa has a history of making these loans and they are guaranteed by the SBA. Alphagrafics, Printshops Of The Futu franchise loans are available to Bent Mountain, Virginia entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Merrill Lynch Bank Usa, based in Salt Lake City, Utah, issued an SBA franchise loan for an Alphagrafics, Printshops Of The Futu franchise in 2002. We've got all the details on this Virginia small business loan. SBA Loan Borrower ALPHAGRAPHICS PRINTSHOP SBA Loan Lender MERRILL LYNCH BANK USA 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 10/15/2002 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Alphagrafics, Printshops Of The Futu franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Merrill Lynch Bank Usa had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Merrill Lynch Bank Usa made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Who Lends Money to Small Businesses in Salt Lake City, Utah SBA Participating Banks in Utah
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