Keybank National Association Provides SBA Loan to Buy Inkwell the Franchise
Borrowing money to purchase an Inkwell the franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Columbus, Ohio needed money to invest in an Inkwell the franchise back in 2000. Keybank National Association issued an SBA franchise loan. Here are the details on this Ohio small business loan.
SBA Loan Borrower
THE INK WELL-WHITEHALL
COLUMBUS, OH 43213
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
700 5TH AVE, STE 4700
SEATTLE, WA 98104
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2752 - Lithographic Commercial Printing
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
1/26/2000
Loan Approval Gross Amount
$41,600
Loan Approval from the SBA
Of the total $41,600 loan amount, the SBA guaranteed $33,280.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Inkwell the franchise. At the time of the loan, the company
had 7 employees. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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