Fishers, IN Entrepreneur Gets SBA Loan to Buy Goddard Early Learning Center Franchise

Need a loan to buy a Goddard Early Learning Center franchise? Forum Cu has a history of making these loans and they are guaranteed by the SBA.

If you live near Fishers, Indiana and are interested in buying a Goddard Early Learning Center franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by Forum Cu. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

GODDARD SCHOOL (THE)
FISHERS, IN 46038

SBA Loan Lender

FORUM CU
11580 USA PKWY
FISHERS, IN 46038

This lender issued this commercial loan under the SBA's 7(a) guaranteed loan program, 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.

SIC Code

8299 - Schools and Educational Services

NAICS Code

611699 - Schools and Instruction

Loan Approval Date

3/18/2002

Loan Approval Gross Amount

$1,213,500

Loan Approval from the SBA

Of the total $1,213,500 loan amount, the SBA guaranteed $821,540.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Goddard Early Learning Center franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Alternative Financing

SBA 7A Banks in Fishers, Indiana

Getting an SBA Loan in Indiana