Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Georgia Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Loan to Buy Instant Imprints Franchise Issued By Heritage Bank

Need money to buy an Instant Imprints franchise? Heritage Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Roswell, Georgia needed money to invest in an Instant Imprints franchise back in 2006. Heritage Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

INSTANT IMPRINTS OF ROSWELL
ROSWELL, GA 30075

SBA Loan Lender

HERITAGE BANK
101 N MAIN ST
JONESBORO, GA 30236

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448190 - Clothing Stores

Loan Approval Date

7/25/2006

Loan Approval Gross Amount

$215,000

Loan Approval from the SBA

Of the total $215,000 loan amount, the SBA guaranteed $161,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Instant Imprints franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Heritage Bank and they will explain how you can get an SBA loan for your company.

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

Bank Credit Lines

SBA 7A Banks for Jonesboro, Georgia Loans

SBA Lenders in Georgia