Borrow Money to Buy an Instant Imprints Franchise
Need money to purchase an Instant Imprints franchise? 1st Pacific Bank Of California 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 2005 SBA franchise loan that you should know about. 1st Pacific Bank Of California was the lender and the entrepreneur was based in San Diego, California.
SBA Loan Borrower
INSTANT IMPRINTS
SAN DIEGO, CA 92111
SBA Loan Lender
1ST PACIFIC BANK OF CALIFORNIA
937 LOMAS SANTA FE DR
SOLANA BEACH, CA 92075
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
8/11/2005
Loan Approval Gross Amount
$290,000
Loan Approval from the SBA
Of the total $290,000 loan amount, the SBA guaranteed $217,500.
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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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 1st Pacific Bank Of California 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.
Related Links:
Instant Imprints
Strategic Investors
Good Banks for Small Business in Solana Beach, California
SBA Participating Banks in California