Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Austin, Texas Small Business Owners

 

 
Loan Census SBA Loan Info

Loan to Buy Alphagrafics, Printshops Of The Futu Franchise Issued By Merrill Lynch Bank Usa

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

Getting money to buy an Alphagrafics, Printshops Of The Futu franchise requires some effort but others before you have been successful. In 2004, Merrill Lynch Bank Usa issued an SBA franchise loan to an entrepreneur in Austin, Texas. Because Alphagrafics, Printshops Of The Futu was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

ALPHAGRAPHICS PRINTING SHOP
AUSTIN, TX 78745

SBA Loan Lender

MERRILL LYNCH BANK USA
15 W SOUTH TEMPLE, STE 300
SALT LAKE CITY, UT 84101

This lender provides SBA business 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

323119 - Commercial Printing

Loan Approval Date

2/2/2004

Loan Approval Gross Amount

$390,300

Loan Approval from the SBA

Of the total $390,300 loan amount, the SBA guaranteed $292,725.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Alphagrafics, Printshops Of The Futu franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Merrill Lynch Bank Usa are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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.

Related Links:

AlphaGraphics Inc.

How Equity Dilution Works

Find an SBA Lender in Salt Lake City, Utah

Utah SBA 7A Lenders