Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Tips for Financing a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Alphagrafics, Printshops Of The Futu Franchise

Need money to invest in an Alphagrafics, Printshops Of The Futu franchise? Bank Of The West has a history of making these loans and they are guaranteed by the SBA.

Alphagrafics, Printshops Of The Futu franchise loans are available to Santa Cruz, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of The West, based in San Francisco, California, issued an SBA franchise loan for an Alphagrafics, Printshops Of The Futu franchise in 2003. We've got all the details on this California small business loan.

SBA Loan Borrower

ALPHAGRAPHICS #558
SANTA CRUZ, CA 95060

SBA Loan Lender

BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104

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

6/17/2003

Loan Approval Gross Amount

$225,000

Loan Approval from the SBA

Of the total $225,000 loan amount, the SBA guaranteed $168,750.

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 only one employee. The loan application indicated that the loan would help generate 7 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

AlphaGraphics Inc.

Role of Business Plan When Raising Money

Banks in San Francisco, California

SBA California Banks