Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

I Need Commercial Loans to Buy a Franchise in Texarkana, Texas

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Cartridge World Stores Franchise

Need money to purchase a Cartridge World Stores franchise? Banco Popular North America has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Texarkana, Texas needed money to invest in a Cartridge World Stores franchise back in 2004. Banco Popular North America issued an SBA franchise loan. Here are the details on this Texas small business loan.

SBA Loan Borrower

CARTRIDGE WORLD
TEXARKANA, TX 75503

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811212 - Computer and Office Machine Repair and Maintenance

Loan Approval Date

11/8/2004

Loan Approval Gross Amount

$106,000

Loan Approval from the SBA

Of the total $106,000 loan amount, the SBA guaranteed $90,100.

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. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Texarkana TX, you ought to talk with a local Texarkana SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Texarkana businesses.

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

Business Credit Evaluation

SBA Banks in New York City, New York

SBA Participating Banks in New York