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May 4, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Houston, Business Loans > Small Business Loan Source LLC Houston Business Loans > Alphagraphics #219 Loan | ||||
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Raising Money in Manchester, New Hampshire With SBA Loans
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New Hampshire Entrepreneur Secures Financing to Buy Alphagrafics, Printshops Of The Futu FranchiseBorrowing money to invest in an Alphagrafics, Printshops Of The Futu franchise? Small Business Loan Source LLC has a history of making these loans and they are guaranteed by the SBA. Alphagrafics, Printshops Of The Futu franchise loans are available to Manchester, New Hampshire entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Small Business Loan Source LLC, based in Houston, Texas, issued an SBA franchise loan for an Alphagrafics, Printshops Of The Futu franchise in 2006. We've got all the details on this New Hampshire small business loan. SBA Loan Borrower ALPHAGRAPHICS #219 SBA Loan Lender SMALL BUSINESS LOAN SOURCE LLC The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323114 - Quick Printing Loan Approval Date 3/31/2006 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. 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 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Although it's called an SBA loan, 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $250,000 loan. Remember, things become real when you believe you can achieve them! 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: Banking Deregulation's Effects on Entrepreneurship Small Business Banks in Houston, Texas SBA Participating Banks in Texas
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