Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for White Plains Small Businesses

 

 
Loan Census SBA Loan Info

Loan to Buy Alphagrafics, Printshops Of The Futu Franchise Issued By Banco Popular North America

Need a loan to purchase an Alphagrafics, Printshops Of The Futu franchise? Banco Popular North America 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 2007, Banco Popular North America issued an SBA franchise loan to an entrepreneur in White Plains, New York. Because Alphagrafics, Printshops Of The Futu was registered with the SBA's registry of franchises, this New York small business loan was issued on an expedited basis.

SBA Loan Borrower

ALPHAGRAPHICS
WHITE PLAINS, NY 10601

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323114 - Quick Printing

Loan Approval Date

3/2/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

AlphaGraphics Inc.

The Friends and Family Network

SBA 7A Lenders in New York City, New York

Where to Get an SBA Loan New York