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May 11, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Fall River, Business Loans > Bankfive Fall River Business Loans > Jack Edward, Inc. Loan | ||||
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I Need a Small Business Loan to Buy a Franchise in Dartmouth, Massachusetts
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Massachusetts Entrepreneur Secures Financing to Buy Cartridge World Stores FranchiseNeed a loan to buy a Cartridge World Stores franchise? Bankfive has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Cartridge World Stores franchise shouldn't be too tough. In 2006, Bankfive issued an SBA franchise loan to an entrepreneur in Dartmouth, Massachusetts. Because Cartridge World Stores was registered with the SBA's registry of franchises, this Massachusetts small business loan was issued on an expedited basis. SBA Loan Borrower JACK EDWARD, INC. SBA Loan Lender BANKFIVE This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 453998 - Store Retailers Loan Approval Date 12/21/2006 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. 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 no employees. The loan application indicated that the borrowed money would help create 3 new jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $35,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding From a Venture Capitalist Banks in Fall River, Massachusetts
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