Loan to Buy Alphagrafics, Printshops Of The Futu Franchise Issued By Merrill Lynch Bank Usa

Borrowing money to buy an Alphagrafics, Printshops Of The Futu franchise? Merrill Lynch Bank Usa 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 2002, Merrill Lynch Bank Usa issued an SBA franchise loan to an entrepreneur in Northbrook, Illinois. Because Alphagrafics, Printshops Of The Futu was registered with the SBA's registry of franchises, this Illinois small business loan was issued on an expedited basis.

SBA Loan Borrower

ALPHAGRAPHICS PRINTSHOP STORE
NORTHBROOK, IL 60062

SBA Loan Lender

MERRILL LYNCH BANK USA
15 W SOUTH TEMPLE, STE 300
SALT LAKE CITY, UT 84101

This lender provides SBA bank 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

323119 - Commercial Printing

Loan Approval Date

10/9/2002

Loan Approval Gross Amount

$274,100

Loan Approval from the SBA

Of the total $274,100 loan amount, the SBA guaranteed $205,575.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Alphagrafics, Printshops Of The Futu franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Merrill Lynch Bank Usa and they will explain how you can get an SBA loan for your company.

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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