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November 14, 2024  
 
 
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I Need Commercial Loans to Buy a Franchise in Battle Creek, Michigan

 

 
Loan Census SBA Loan Info

Lasalle Bank Midwest Provides SBA Loan to Buy Allegra Print Franchise

Borrowing money to purchase an Allegra Print franchise? Lasalle Bank Midwest has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Allegra Print franchise? If so, here's a 2007 SBA franchise loan that you should know about. Lasalle Bank Midwest was the lender and the entrepreneur was based in Battle Creek, Michigan.

SBA Loan Borrower

ALLEGRA PRINT & IMAGING OF BAT
BATTLE CREEK, MI 49015

SBA Loan Lender

LASALLE BANK MIDWEST
124 W ALLEGAN
LANSING, MI 48933

The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

323119 - Commercial Printing

Loan Approval Date

8/17/2007

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Allegra Print franchise. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Lasalle Bank Midwest so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Allegra Print & Imaging

Direct Public Offerings

Find an SBA Lender in Lansing, Michigan

SBA Michigan Banks