U.S. Bank National Association Provides SBA Loan to Buy Instant Imprints Franchise
Borrowing money to purchase an Instant Imprints franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in St. Charles, Missouri needed money to invest in an Instant Imprints franchise back in 2005. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Missouri small business loan.
SBA Loan Borrower
ST. CHARLES, MO 63304
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender issued this SBA business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
323113 - Commercial Screen Printing
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $213,000 loan amount, the SBA guaranteed $159,750.
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 loan application indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $213,000 loan. Remember, anyone can do it... so why not you?
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.
Small Business Credit Cards
Best Banks for Small Business in Cincinnati, Ohio
SBA Lenders in Ohio