Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Flowery Branch, Georgia Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Instant Imprints Franchise

Need money to purchase an Instant Imprints franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Instant Imprints franchise may simply require a phone call to a local SBA banker. In 2006, Banco Popular North America issued an SBA franchise loan to an entrepreneur in Flowery Branch, Georgia. Because Instant Imprints was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.

SBA Loan Borrower

RED BOX IMPRINTS INC
FLOWERY BRANCH, GA 30542

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

313311 - Broadwoven Fabric Finishing Mills

Loan Approval Date

10/13/2006

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 2 employees. This SBA loan request indicated that the loan would help generate 14 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Instant Imprints

Alternative Financing

Where to Get an SBA Loan in New York City, New York

Where to Get an SBA Loan New York