Arkansas Entrepreneur Secures Financing to Buy Gymboree Franchise

Need money to buy a Gymboree franchise? Metropolitan National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Gymboree franchise? If so, here's a 2007 SBA franchise loan that you should know about. Metropolitan National Bank was the lender and the entrepreneur was based in Bentonville, Arkansas.

SBA Loan Borrower

GYMBOREE PLAY AND MUSIC
BENTONVILLE, AR 72712

SBA Loan Lender

METROPOLITAN NATIONAL BANK
425 W CAPITOL AVE
LITTLE ROCK, AR 72201

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

6/22/2007

Loan Approval Gross Amount

$130,400

Loan Approval from the SBA

Of the total $130,400 loan amount, the SBA guaranteed $110,840.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Gymboree 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 1 existing job.

Start the Process for Getting an SBA Loan Today!

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Gymboree Play & Music

Obtaining Funding - How to Decide How Much to Raise

Banks in Little Rock, Arkansas

SBA Lenders in Arkansas