New Liberty Bank Provides SBA Loan to Buy Allegra Print Franchise
Borrowing money to purchase an Allegra Print franchise? New Liberty Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Canton, Michigan and are interested in buying an Allegra Print franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by New Liberty Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
ALLEGRA PRINT & IMAGING #295
CANTON, MI 48187
SBA Loan Lender
NEW LIBERTY BANK
1333 ANN ARBOR RD
PLYMOUTH, MI 48170
The lender provided this 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
323110 - Commercial Lithographic Printing
Loan Approval Date
5/9/2007
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We've showcased information on this loan to let you know that businesses like yours 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:
Allegra Print & Imaging
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Michigan SBA 7A Banks