Loan to Buy Educational Outfitters Franchising Franchise Issued By Jefferson Security Bank

Borrowing money to purchase an Educational Outfitters Franchising franchise? Jefferson Security Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Educational Outfitters Franchising franchise? If so, here's a 2006 SBA franchise loan that you should know about. Jefferson Security Bank was the lender and the entrepreneur was based in Charles Town, West Virginia.

SBA Loan Borrower

EDUCATIONAL OUTFITTERS OF WEST
CHARLES TOWN, WV 25414

SBA Loan Lender

JEFFERSON SECURITY BANK
WASHINGTON & JEFFERSON
CHARLES TOWN, WV 25414

This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 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

448190 - Clothing Stores

Loan Approval Date

2/15/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Educational Outfitters Franchising franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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.

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