Phoenix, AZ Entrepreneur Gets SBA Loan to Buy Alphagrafics, Printshops Of The Futu Franchise
Need money to buy an Alphagrafics, Printshops Of The Futu franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.
If you live near Phoenix, Arizona and are interested in buying an Alphagrafics, Printshops Of The Futu franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Cit Small Business Lending Corp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
ALPHAGRAPHICS #35
PHOENIX, AZ 85051
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
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
12/20/2001
Loan Approval Gross Amount
$116,000
Loan Approval from the SBA
Of the total $116,000 loan amount, the SBA guaranteed $98,600.
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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Phoenix or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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