Pony Express Bank Provides SBA Loan to Buy Cartridge World Stores Franchise
Borrowing money to buy a Cartridge World Stores franchise? Pony Express Bank has a history of making these loans and they are guaranteed by the SBA.
Cartridge World Stores franchise loans are available to Kansas City, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pony Express Bank, based in Braymer, Missouri, issued an SBA franchise loan for a Cartridge World Stores franchise in 2005. We've got all the details on this Missouri small business loan.
SBA Loan Borrower
CARTRIDGE WORLD
KANSAS CITY, MO 64154
SBA Loan Lender
PONY EXPRESS BANK
213 MAIN ST
BRAYMER, MO 64624
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
443120 - Computer and Software Stores
Loan Approval Date
6/8/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 6 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Pony Express 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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