Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Tulsa Small Business Owners

 

 
Loan Census SBA Loan Info

Loan to Buy Cartridge World Stores Franchise Issued By Home National Bank

Borrowing money to buy a Cartridge World Stores franchise? Home National Bank 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 2005 SBA franchise loan that you should know about. Home National Bank was the lender and the entrepreneur was based in Tulsa, Oklahoma.

SBA Loan Borrower

CARTRIDGE WORLD
TULSA, OK 74136

SBA Loan Lender

HOME NATIONAL BANK
1350 W DOOLIN
BLACKWELL, OK 74631

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

5/3/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 4 employees. The SBA loan documents did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 Home 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.

Related Links:

Cartridge World

Business Cash Advances

Where to Get an SBA Loan in Blackwell, Oklahoma

Getting an SBA Loan in Oklahoma