Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

How Much Does It Cost to Buy a Franchise in Canton, Michigan?

 

 
Loan Census SBA Loan Info

Keybank National Association Provides SBA Loan to Buy Allegra Print Franchise

Need a loan to purchase an Allegra Print franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Allegra Print franchise is doable. In 2005, Keybank National Association issued an SBA franchise loan to an entrepreneur in Canton, Michigan. Because Allegra Print was registered with the SBA's registry of franchises, this Michigan small business loan was issued on an expedited basis.

SBA Loan Borrower

ALLEGRA PRINT & IMAGING
CANTON, MI 48187

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

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

323114 - Quick Printing

Loan Approval Date

5/27/2005

Loan Approval Gross Amount

$197,000

Loan Approval from the SBA

Of the total $197,000 loan amount, the SBA guaranteed $147,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Allegra Print 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 1 new job and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Small Business Credit Cards

Banks in Cleveland, Ohio

SBA Ohio Banks