Loan to Buy Insty-Prints Franchise Issued By U.S. Bank National Association

Borrowing money to purchase an Insty-Prints franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Great Falls, Montana needed money to invest in an Insty-Prints franchise back in 2002. U.S. Bank National Association issued an SBA franchise loan. Here are the details on this Montana small business loan.

SBA Loan Borrower

INSTY PRINTS
GREAT FALLS, MT 59405

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This lender issued this SBA business loan under the SBA 7A lending program , 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.

NAICS Code

323114 - Quick Printing

Loan Approval Date

1/10/2002

Loan Approval Gross Amount

$256,935

Loan Approval from the SBA

Of the total $256,935 loan amount, the SBA guaranteed $192,701.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Insty-Prints franchise. At the time of the loan, the company had 11 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into U.S. Bank National Association and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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.

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