Borrow Money to Buy a John Robert Powers School Franchise
Need a loan to invest in a John Robert Powers School franchise? Bridge Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a John Robert Powers School franchise? If so, here's a 2005 SBA franchise loan that you should know about. Bridge Bank was the lender and the entrepreneur was based in Kentfield, California.
SBA Loan Borrower
JOHN ROBERT POWERS
KENTFIELD, CA 94904
SBA Loan Lender
BRIDGE BANK
55 ALMADEN BLVD
SAN JOSE, CA 95113
This lender provides SBA debt financing 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
611699 - Schools and Instruction
Loan Approval Date
6/22/2005
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a John Robert Powers School franchise. At the time of the loan, the company
had 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bridge Bank and they will explain how you can get an SBA loan for your company.
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:
The Friends and Family Network
Who Lends Money to Small Businesses in San Jose, California
Getting an SBA Loan in California