Texas Entrepreneur Secures Financing to Buy Ripley's Attractions Franchise

Need a loan to invest in a Ripley's Attractions franchise? Citibank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Ripley's Attractions franchise is doable. In 2002, Citibank issued an SBA franchise loan to an entrepreneur in Cedar Hill, Texas. Because Ripley's Attractions was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

GUINNESS WORLD RECORDS MUSEUM
CEDAR HILL, TX 75104

SBA Loan Lender

CITIBANK
ONE LINCOLN PARK, 8401 N EXPR
DALLAS, TX 75225

This lender provides SBA business 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.

NAICS Code

712110 - Museums

Loan Approval Date

9/25/2002

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $294,420.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Ripley's Attractions franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 13 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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