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November 15, 2024  
 
 
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Dallas, GA Entrepreneur Gets SBA Loan to Buy Discovery Point Franchise

Need a loan to purchase a Discovery Point franchise? Fidelity Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Dallas, Georgia needed money to invest in a Discovery Point franchise back in 2005. Fidelity Bank issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

DISCOVERY POINT CHILD CARE
DALLAS, GA 30157

SBA Loan Lender

FIDELITY BANK
3500 HOLCOMB BRIDGE RD
NORCROSS, GA 30092

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

8/22/2005

Loan Approval Gross Amount

$1,725,000

Loan Approval from the SBA

Of the total $1,725,000 loan amount, the SBA guaranteed $1,293,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Discovery Point franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 18 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Dallas GA, you ought to talk with a local Dallas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dallas businesses.

This SBA loan was for $1,725,000. How would you spend $1,725,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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