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April 29, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Salt Lake City, Business Loans > Merrill Lynch Bank Usa Salt Lake City Business Loans > Alphagraphics Loan | ||||
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Banks for Morganville, New Jersey Businesses
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Merrill Lynch Bank Usa Provides SBA Loan to Buy Alphagrafics, Printshops Of The Futu FranchiseBorrowing 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 Morganville, New Jersey 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 2004. We've got all the details on this New Jersey small business loan. SBA Loan Borrower ALPHAGRAPHICS SBA Loan Lender MERRILL LYNCH BANK USA As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323119 - Commercial Printing Loan Approval Date 10/14/2004 Loan Approval Gross Amount $422,300 Loan Approval from the SBA Of the total $422,300 loan amount, the SBA guaranteed $316,725. 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 2 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Morganville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding - Getting Venture Capital SBA Banks in Salt Lake City, Utah
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