Loan to Buy Cartridge World Stores Franchise Issued By Commercial Bank Of Texas
Need money to purchase a Cartridge World Stores franchise? Commercial Bank Of Texas has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Cartridge World Stores franchise? If so, here's a 2006 SBA franchise loan that you should know about. Commercial Bank Of Texas was the lender and the entrepreneur was based in Nacogdoches, Texas.
SBA Loan Borrower
CARTRIDGE WORLD
NACOGDOCHES, TX 75965
SBA Loan Lender
COMMERCIAL BANK OF TEXAS
215 E MAIN
NACOGDOCHES, TX 75961
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
4/11/2006
Loan Approval Gross Amount
$82,000
Loan Approval from the SBA
Of the total $82,000 loan amount, the SBA guaranteed $69,700.
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 5 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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.
Related Links:
Cartridge World
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Banks in Nacogdoches, Texas
Texas SBA 7A Lenders