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November 23, 2024  
 
 
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Advice for Borrowing Money to Buy a Franchise

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Barbizon School Of territory Franchise

Need a loan to buy a Barbizon School Of territory franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Barbizon School Of territory franchise loans are available to Boston, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of America, based in Providence, Rhode Island, issued an SBA franchise loan for a Barbizon School Of territory franchise in 2002. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

BARBIZON SCHOOLS & MODEL
BOSTON, MA 02116

SBA Loan Lender

BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903

This commercial 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

611519 - Technical and Trade Schools

Loan Approval Date

3/5/2002

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $47,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Barbizon School Of territory franchise. At the time of the loan, the company had 75 employees. The loan application indicated that the loan would help retain 75 existing jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

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:

Attracting Investors

SBA Approved Banks in Providence, Rhode Island

Where to Get an SBA Loan Rhode Island