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November 15, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Primrose School Of Henderson Loan | ||||
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Where to Get an SBA 7A Loan to Purchase a Franchise
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Hendersonville, TN Entrepreneur Gets SBA Loan to Buy Primrose School daycare FranchiseBorrowing money to buy a Primrose School daycare franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Primrose School daycare franchise? If so, here's a 2004 SBA franchise loan that you should know about. Cit Small Business Lending Corp was the lender and the entrepreneur was based in Hendersonville, Tennessee. SBA Loan Borrower PRIMROSE SCHOOL OF HENDERSON SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 7/7/2004 Loan Approval Gross Amount $1,994,000 Loan Approval from the SBA Of the total $1,994,000 loan amount, the SBA guaranteed $1,495,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Primrose School daycare franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs. Next Steps for Getting an SBA Loan If you have been wondering how do i get money to start a business in Hendersonville TN, you ought to talk with a local Hendersonville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hendersonville businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,994,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Primrose School Franchising Company SBA Banks in Livingston, New Jersey
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