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December 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Scottsdale, Business Loans > First National Bank Of Arizona Scottsdale Business Loans > Primrose School Of South Shore Loan | ||||
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Requirements for Getting a Franchise Loan
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Texas Entrepreneur Secures Financing to Buy Primrose School daycare FranchiseNeed a loan to invest in a Primrose School daycare franchise? First National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in League City, Texas needed money to invest in a Primrose School daycare franchise back in 2006. First National Bank Of Arizona issued an SBA franchise loan. Here are the details on this Texas small business loan. SBA Loan Borrower PRIMROSE SCHOOL OF SOUTH SHORE SBA Loan Lender FIRST NATIONAL BANK OF ARIZONA As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 12/19/2006 Loan Approval Gross Amount $379,000 Loan Approval from the SBA Of the total $379,000 loan amount, the SBA guaranteed $284,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Primrose School daycare franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 10 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $379,000 loan. Remember, if it to be, it is up to me! 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 Participating Banks in Scottsdale, Arizona Getting an SBA Loan in Arizona
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