Borrow Money to Buy an Adventure Kids Playcare Franchise
Borrowing money to invest in an Adventure Kids Playcare franchise? Colonial Savings, F.A. has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Adventure Kids Playcare franchise shouldn't be too tough. In 2007, Colonial Savings, F.A. issued an SBA franchise loan to an entrepreneur in Frisco, Texas. Because Adventure Kids Playcare was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.
SBA Loan Borrower
ADVENTURE KIDS PLAYCARE FRISCO
FRISCO, TX 75034
SBA Loan Lender
COLONIAL SAVINGS, F.A.
2600 WEST FRWY
FORT WORTH, TX 76102
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a 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
9/13/2007
Loan Approval Gross Amount
$270,000
Loan Approval from the SBA
Of the total $270,000 loan amount, the SBA guaranteed $202,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy an Adventure Kids Playcare franchise. At the time of the loan, the company
had 15 employees. This SBA loan request indicated that the loan would help generate 14 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Colonial Savings, F.A. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Colonial Savings, F.A. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Adventure Kids Playcare
How Equity Dilution Works
SBA Approved Banks in Fort Worth, Texas
Texas SBA Banks