Cedar Hill, TX Entrepreneur Gets SBA Loan to Buy Ripley's Attractions Franchise

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

Ripley's Attractions franchise loans are available to Cedar Hill, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Citibank, based in Dallas, Texas, issued an SBA franchise loan for a Ripley's Attractions franchise in 2001. We've got all the details on this Texas small business loan.

SBA Loan Borrower

RIPLEY'S HAUNTED ADVENTURE
CEDAR HILL, TX 75104

SBA Loan Lender

CITIBANK
8401 N CENTRAL EXPWY, STE 100
DALLAS, TX 75225

This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7996 - Amusement Parks

NAICS Code

713110 - Amusement and Theme Parks

Loan Approval Date

3/9/2001

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 21 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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.

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.

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