Borrow Money to Buy a Play It Again Sports retail Sports Franchise

Need money to invest in a Play It Again Sports retail Sports franchise? Second Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

If you live near Fredericksburg, Virginia and are interested in buying a Play It Again Sports retail Sports franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Second Bank & Trust. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

PLAY IT AGAIN SPORTS
FREDERICKSBURG, VA 22401

SBA Loan Lender

SECOND BANK & TRUST
4805 LASSEN LN
FREDERICKSBURG, VA 22408

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

453310 - Used Merchandise Stores

Loan Approval Date

11/1/2005

Loan Approval Gross Amount

$127,000

Loan Approval from the SBA

Of the total $127,000 loan amount, the SBA guaranteed $63,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Play It Again Sports retail Sports franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Play It Again Sports

Understanding Dilution

Small Bank Loans in Fredericksburg, Virginia

Where to Get an SBA Loan Virginia