Celina, TX Entrepreneur Gets SBA Loan to Buy Adventure Kids Playcare Franchise
Need money to purchase an Adventure Kids Playcare franchise? Colonial Savings, F.A. has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Celina, Texas needed money to invest in an Adventure Kids Playcare franchise back in 2007. Colonial Savings, F.A. issued an SBA franchise loan. Here are the details on this Texas small business loan.
SBA Loan Borrower
ADVENTURE KIDS PLAYCARE MCKINN
CELINA, TX 75009
SBA Loan Lender
COLONIAL SAVINGS, F.A.
2600 WEST FRWY
FORT WORTH, TX 76102
This lender issued this loan for a small business under the SBA's 7A loan, 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.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
6/13/2007
Loan Approval Gross Amount
$265,000
Loan Approval from the SBA
Of the total $265,000 loan amount, the SBA guaranteed $198,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Adventure Kids Playcare franchise. At the time of the loan, the company
had 15 employees. This SBA loan request indicated that the loan would help create 15 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money
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:
Adventure Kids Playcare
Understanding Dilution
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