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November 14, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Baton Rouge, Louisiana?

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Computertots Franchise

Need money to invest in a Computertots franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Computertots franchise loans are available to Baton Rouge, Louisiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Computertots franchise in 2000. We've got all the details on this Louisiana small business loan.

SBA Loan Borrower

COMPUTERTOTS
BATON ROUGE, LA 70810

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

611519 - Technical and Trade Schools

Loan Approval Date

10/27/2000

Loan Approval Gross Amount

$68,000

Loan Approval from the SBA

Of the total $68,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Computertots franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 5 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $68,000. How would you spend $68,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

ComputerTots/Computer Explorers

Determining Proper Capital Structure for a Business

Small Business Banks in Houston, Texas

Where to Get an SBA Loan Texas