Loan to Buy Children's Orchard retail Clothing Franchise Issued By Associated Bank

Need a loan to invest in a Children's Orchard retail Clothing franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA.

Children's Orchard retail Clothing franchise loans are available to Fenton, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Associated Bank, based in Glen Carbon, Illinois, issued an SBA franchise loan for a Children's Orchard retail Clothing franchise in 2001. We've got all the details on this Missouri small business loan.

SBA Loan Borrower

CHILDREN'S ORCHARD
FENTON, MO 63026

SBA Loan Lender

ASSOCIATED BANK
1 JUNCTION DR WEST
GLEN CARBON, IL 62034

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5641 - Children's and Infants' Wear Stores

NAICS Code

448130 - Children's and Infants' Clothing Stores

Loan Approval Date

3/6/2001

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Children's Orchard retail Clothing franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Children's Orchard, Inc.

Obtaining Funding - Friends and Family

SBA Approved Banks in Glen Carbon, Illinois

SBA Illinois Lenders