Midlothian, VA Entrepreneur Gets SBA Loan to Buy Goddard Early Learning Center Franchise

Need a loan to invest in a Goddard Early Learning Center franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Goddard Early Learning Center franchise? If so, here's a 2005 SBA franchise loan that you should know about. Wachovia Sba Lending, Inc. was the lender and the entrepreneur was based in Midlothian, Virginia.

SBA Loan Borrower

CSR OF VIRGINIA LLC DBA THE GO
MIDLOTHIAN, VA 23113

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

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

11/9/2005

Loan Approval Gross Amount

$1,767,200

Loan Approval from the SBA

Of the total $1,767,200 loan amount, the SBA guaranteed $1,325,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Goddard Early Learning Center franchise. At the time of the loan, the company had 45 employees. The SBA loan documents indicated that the loan would help retain 45 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Midlothian VA, you ought to talk with a local Midlothian SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Midlothian businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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