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

Banks for Birmingham, Alabama Small Businesses

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Allegra Print Franchise

Need a loan to invest in an Allegra Print franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Allegra Print franchise shouldn't be too tough. In 2007, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in Birmingham, Alabama. Because Allegra Print was registered with the SBA's registry of franchises, this Alabama small business loan was issued on an expedited basis.

SBA Loan Borrower

PETE'S PRINT & COPY CENTER
BIRMINGHAM, AL 35242

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This lender provides SBA guaranteed 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

323110 - Commercial Lithographic Printing

Loan Approval Date

8/20/2007

Loan Approval Gross Amount

$820,000

Loan Approval from the SBA

Of the total $820,000 loan amount, the SBA guaranteed $615,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Allegra Print franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Wachovia Sba Lending, Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Allegra Print & Imaging

Business Line of Credit

Banks in Roseville, California

California SBA 7A Banks