Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

Carrollton, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Primrose School daycare Franchise

Need a loan to invest in a Primrose School daycare franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

Primrose School daycare franchise loans are available to Carrollton, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Comerica Bank, based in Houston, Texas, issued an SBA franchise loan for a Primrose School daycare franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

PRIMROSE SCHOOL OF CASTLE HILL
CARROLLTON, TX 75011

SBA Loan Lender

COMERICA BANK
1900 W LOOP SOUTH
HOUSTON, TX 77027

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

9/29/2000

Loan Approval Gross Amount

$717,000

Loan Approval from the SBA

Of the total $717,000 loan amount, the SBA guaranteed $537,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Primrose School daycare franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the funding would help generate 40 new jobs.

Getting an SBA Loan For Your Business

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Primrose School Franchising Company

Banking Deregulation's Effects on Entrepreneurship

SBA Approved Banks in Houston, Texas

Texas SBA 7A Lenders