Texas Entrepreneur Secures Financing to Buy Kids R Kids Franchise
Need a loan to purchase a Kids R Kids franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Kids R Kids franchise? If so, here's a 2004 SBA franchise loan that you should know about. Branch Bank & Trust was the lender and the entrepreneur was based in Mckinney, Texas.
SBA Loan Borrower
AAH KIDS INC AND MARK AND SAMA
MCKINNEY, TX 75070
SBA Loan Lender
BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101
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
11/2/2004
Loan Approval Gross Amount
$2,000,000
Loan Approval from the SBA
Of the total $2,000,000 loan amount, the SBA guaranteed $1,000,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Kids R Kids franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $2,000,000. How would you spend $2,000,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Kids R Kids
Business Credit Evaluation
Best Banks for Small Business in Winston Salem, North Carolina
North Carolina SBA Bank Lenders