Pennsylvania Entrepreneur Secures Financing to Buy Cartridge World Stores Franchise

Need money to purchase a Cartridge World Stores franchise? First Commonwealth Bank has a history of making these loans and they are guaranteed by the SBA.

Cartridge World Stores franchise loans are available to East Berlin, Pennsylvania entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Commonwealth Bank, based in Hollidaysburg, Pennsylvania, issued an SBA franchise loan for a Cartridge World Stores franchise in 2006. We've got all the details on this Pennsylvania small business loan.

SBA Loan Borrower

TWO COUSINS HOLDINGS,LLC
EAST BERLIN, PA 17316

SBA Loan Lender

FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648

This lender provides SBA commercial 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

561990 - Support Services

Loan Approval Date

5/26/2006

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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 2 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 First Commonwealth 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 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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