Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Requirements for Financing a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Kwik-Kopy Franchise

Need money to buy a Kwik-Kopy franchise? Sterling Bank has a history of making these loans and they are guaranteed by the SBA.

Kwik-Kopy franchise loans are available to Irving, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Sterling Bank, based in Houston, Texas, issued an SBA franchise loan for a Kwik-Kopy franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

KWIK KOPY #1606
IRVING, TX 75038

SBA Loan Lender

STERLING BANK
9997 ALMEDA GENOA RD
HOUSTON, TX 77075

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7334 - Photocopying and Duplicating Services

Loan Approval Date

9/21/2000

Loan Approval Gross Amount

$261,000

Loan Approval from the SBA

Of the total $261,000 loan amount, the SBA guaranteed $195,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Kwik-Kopy franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

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

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Kwik Kopy Business Centers

Attracting Investors

Who Lends Money to Small Businesses in Houston, Texas

Texas SBA Bank Lenders