First National Bank Provides SBA Loan to Buy Cartridge World Stores Franchise

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

Getting money to buy a Cartridge World Stores franchise shouldn't be too tough. In 2005, First National Bank issued an SBA franchise loan to an entrepreneur in Manhattan, Kansas. Because Cartridge World Stores was registered with the SBA's registry of franchises, this Kansas small business loan was issued on an expedited basis.

SBA Loan Borrower

CARTRIDGE WORLD
MANHATTAN, KS 66502

SBA Loan Lender

FIRST NATIONAL BANK
806 W 5TH ST
WAMEGO, KS 66547

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5112 - Stationery and Office Supplies

NAICS Code

424120 - Stationery and Office Supplies Merchant Wholesalers

Loan Approval Date

3/4/2005

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

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 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 National 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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