Borrow Money to Buy an Insty-Prints Franchise
Need a loan to invest in an Insty-Prints franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Insty-Prints franchise shouldn't be overly burdensome. In 2005, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in Green Bay, Wisconsin. Because Insty-Prints was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis.
SBA Loan Borrower
INSTY-PRINTS
GREEN BAY, WI 54301
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This lender provides SBA guaranteed 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
323114 - Quick Printing
Loan Approval Date
1/19/2005
Loan Approval Gross Amount
$620,000
Loan Approval from the SBA
Of the total $620,000 loan amount, the SBA guaranteed $465,000.
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 15 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 17 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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