Chalfont, PA Entrepreneur Gets SBA Loan to Buy Cartridge World Stores Franchise
Borrowing money to buy a Cartridge World Stores franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Chalfont, Pennsylvania needed money to invest in a Cartridge World Stores franchise back in 2004. Unity Bank issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
CARTRIDGE WORLD NORTH BRITAIN
CHALFONT, PA 18914
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
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
325992 - Photographic Film, Paper, Plate, and Chemical Manufacturing
Loan Approval Date
9/1/2004
Loan Approval Gross Amount
$122,000
Loan Approval from the SBA
Of the total $122,000 loan amount, the SBA guaranteed $103,700.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Cartridge World Stores franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Unity Bank 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.
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