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May 4, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Boise, Business Loans > D. L. Evans Bank Boise Business Loans > Ink Inc Loan | ||||
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Where to Get an SBA Loan to Purchase a Franchise
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Boise, ID Entrepreneur Gets SBA Loan to Buy Alphagrafics, Printshops Of The Futu FranchiseNeed a loan to purchase an Alphagrafics, Printshops Of The Futu franchise? D. L. Evans Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Boise, Idaho needed money to invest in an Alphagrafics, Printshops Of The Futu franchise back in 2003. D. L. Evans Bank issued an SBA franchise loan. Here are the details on this Idaho small business loan. SBA Loan Borrower INK INC SBA Loan Lender D. L. EVANS BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323114 - Quick Printing Loan Approval Date 10/6/2003 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an Alphagrafics, Printshops Of The Futu franchise. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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:
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