Utah Entrepreneur Secures Financing to Buy Alphagrafics, Printshops Of The Futu Franchise
Need money to invest in an Alphagrafics, Printshops Of The Futu franchise? Wells Fargo 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 requires some effort but others before you have been successful. In 2003, Wells Fargo Bank issued an SBA franchise loan to an entrepreneur in West Jordan, Utah. Because Alphagrafics, Printshops Of The Futu was registered with the SBA's registry of franchises, this Utah small business loan was issued on an expedited basis.
SBA Loan Borrower
ALPHAGRAPHICS
WEST JORDAN, UT 84088
SBA Loan Lender
WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003
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
323114 - Quick Printing
Loan Approval Date
10/10/2003
Loan Approval Gross Amount
$94,500
Loan Approval from the SBA
Of the total $94,500 loan amount, the SBA guaranteed $80,325.
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 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 12 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company in West Jordan UT, you ought to talk with a local West Jordan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Jordan businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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