Loan Census Banking News and Information
July 1, 2022  
 
 
  Business Loan Information  
 

Tips for Getting a Franchise Loan

 

 
Loan Census SBA Loan Info

West Coast Bank Provides SBA Loan to Buy Instant Imprints Franchise

Need a loan to invest in an Instant Imprints franchise? West Coast Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Eugene, Oregon and are interested in buying an Instant Imprints franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by West Coast Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

INSTANT IMPRINTS OF EUGENE
EUGENE, OR 97408

SBA Loan Lender

WEST COAST BANK
5335 MEADOWS RD
LAKE OSWEGO, OR 97035

This lender provides SBA commercial 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

541890 - Services Related to Advertising

Loan Approval Date

3/14/2006

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Instant Imprints franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. West Coast Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, West Coast Bank 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:

Instant Imprints

Attracting Investors

SBA Participating Banks in Lake Oswego, Oregon

Oregon SBA 7A Lenders