Las Vegas, NV Entrepreneur Gets SBA Loan to Buy Alphagrafics, Printshops Of The Futu Franchise

Need money to purchase an Alphagrafics, Printshops Of The Futu franchise? Nevada State Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Alphagrafics, Printshops Of The Futu franchise may simply require a phone call to a local SBA banker. In 2004, Nevada State Bank issued an SBA franchise loan to an entrepreneur in Las Vegas, Nevada. Because Alphagrafics, Printshops Of The Futu was registered with the SBA's registry of franchises, this Nevada small business loan was issued on an expedited basis.

SBA Loan Borrower

EBR GROUP INC
LAS VEGAS, NV 89120

SBA Loan Lender

NEVADA STATE BANK
750 E WARM SPRINGS RD, STE 40
LAS VEGAS, NV 89119

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561439 - Business Service Centers

Loan Approval Date

7/21/2004

Loan Approval Gross Amount

$352,600

Loan Approval from the SBA

Of the total $352,600 loan amount, the SBA guaranteed $264,450.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Alphagrafics, Printshops Of The Futu franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Nevada State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Nevada State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

AlphaGraphics Inc.

Famous Venture Capitalists

Who Lends Money to Small Businesses in Las Vegas, Nevada

SBA Nevada Banks