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December 21, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Covington, Business Loans > Statewide Bank Covington Business Loans > Marcela Oviedo De Mejia Loan | ||||
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Where Can I Find Franchise Loans in Covington, Louisiana?
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Statewide Bank Provides SBA Loan to Buy Gymboree FranchiseNeed money to purchase a Gymboree franchise? Statewide Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Covington, Louisiana and are interested in buying a Gymboree franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Statewide Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower MARCELA OVIEDO DE MEJIA SBA Loan Lender STATEWIDE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721214 - Recreational and Vacation Camps Loan Approval Date 7/18/2007 Loan Approval Gross Amount $92,000 Loan Approval from the SBA Of the total $92,000 loan amount, the SBA guaranteed $78,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Gymboree franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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: SBA Approved Banks in Covington, Louisiana
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