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December 22, 2024  
 
 
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Raising Money in Irvine, California With SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Kiddie Academy Franchise

Borrowing money to purchase a Kiddie Academy franchise? California Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Kiddie Academy franchise? If so, here's a 2005 SBA franchise loan that you should know about. California Bank & Trust was the lender and the entrepreneur was based in Irvine, California.

SBA Loan Borrower

KIDDIE ACADEMY OF IRVINE
IRVINE, CA 92606

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA 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

3/23/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Kiddie Academy franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs.

Getting an SBA Loan For Your 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.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from California Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Kiddie Academy Domestic Franchising, LLC

Accountant's Role in Securing Financing

SBA 7A Lenders in Sacramento, California

California SBA 7A Lenders