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| Entrepreneur Resources | Home National Bank Blackwell Business Loans | ||||
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Small Business Banks for Tulsa Small Business Owners
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Loan to Buy Cartridge World Stores Franchise Issued By Home National BankBorrowing money to buy a Cartridge World Stores franchise? Home National Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Cartridge World Stores franchise? If so, here's a 2005 SBA franchise loan that you should know about. Home National Bank was the lender and the entrepreneur was based in Tulsa, Oklahoma. SBA Loan Borrower CARTRIDGE WORLD SBA Loan Lender HOME NATIONAL BANK This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453210 - Office Supplies and Stationery Loan Approval Date 5/3/2005 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower, Cartridge World, borrowed this money for an existing business. This loan was used to buy a Cartridge World Stores franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 12/20/2005. 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 Home National Bank 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 SBA loan database. Related Links: Where to Get an SBA Loan in Blackwell, Oklahoma Getting an SBA Loan in Oklahoma If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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