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April 28, 2024  
 
 
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Loan Census SBA Loan Info

Ohio Entrepreneur Secures Financing to Buy Inkwell the Franchise

Borrowing money to buy an Inkwell the franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Inkwell the franchise? If so, here's a 2000 SBA franchise loan that you should know about. Keybank National Association was the lender and the entrepreneur was based in Columbus, Ohio.

SBA Loan Borrower

THE INK WELL-WHITEHALL
COLUMBUS, OH 43213

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
700 5TH AVE, STE 4700
SEATTLE, WA 98104

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.

SIC Code

2752 - Lithographic Commercial Printing

NAICS Code

323110 - Commercial Lithographic Printing

Loan Approval Date

1/26/2000

Loan Approval Gross Amount

$58,400

Loan Approval from the SBA

Of the total $58,400 loan amount, the SBA guaranteed $52,560.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Inkwell the franchise. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Keybank National Association 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.

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