Indianapolis, IN Entrepreneur Gets SBA Loan to Buy Cartridge World Stores Franchise

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

Cartridge World Stores franchise loans are available to Indianapolis, Indiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Monroe Bank, based in Avon, Indiana, issued an SBA franchise loan for a Cartridge World Stores franchise in 2006. We've got all the details on this Indiana small business loan.

SBA Loan Borrower

KPAUL PROPERTIES, LLC
INDIANAPOLIS, IN 46234

SBA Loan Lender

MONROE BANK
7517 BEECHWOOD CENTRE RD, STE
AVON, IN 46123

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424120 - Stationery and Office Supplies Merchant Wholesalers

Loan Approval Date

4/17/2006

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

More Information on This SBA Loan

The borrower 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 2 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.

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

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for 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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