Loan Census Banking News and Information
December 21, 2024  
 
 
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Arizona Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Arizona Entrepreneur Secures Financing to Buy Cartridge World Stores Franchise

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

Cartridge World Stores franchise loans are available to Tempe, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank Of Arizona, based in Scottsdale, Arizona, issued an SBA franchise loan for a Cartridge World Stores franchise in 2004. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

ROADRUNNER INK INC
TEMPE, AZ 85282

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

325992 - Photographic Film, Paper, Plate, and Chemical Manufacturing

Loan Approval Date

5/26/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 loan application indicated that the loan would help generate 1 new job 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank Of Arizona are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

Related Links:

Cartridge World

Understanding Dilution

Where to Get an SBA Loan in Scottsdale, Arizona

SBA Participating Banks in Arizona