California Bank & Trust Provides SBA Loan to Buy Instant Imprints Franchise
Need money to invest in an Instant Imprints franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy an Instant Imprints franchise? If so, here's a 2006 SBA franchise loan that you should know about. California Bank & Trust was the lender and the entrepreneur was based in San Diego, California.
SBA Loan Borrower
INSTANT IMPRINTS FRANCHISING I
SAN DIEGO, CA 92121
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This lender provides SBA 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
533110 - Lessors of Nonfinancial Intangible Assets
Loan Approval Date
12/26/2006
Loan Approval Gross Amount
$550,000
Loan Approval from the SBA
Of the total $550,000 loan amount, the SBA guaranteed $412,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Instant Imprints franchise. At the time of the loan, the company
had 13 employees. The SBA loan documents indicated that the loan would help retain 13 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like California Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Instant Imprints
Small Business Loan
Best Sacramento, California Banks for Small Business
California SBA 7A Lenders