Comerica Bank Provides SBA Loan to Buy Goddard Early Learning Center Franchise
Borrowing money to buy a Goddard Early Learning Center franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Morrisville, North Carolina needed money to invest in a Goddard Early Learning Center franchise back in 2001. Comerica Bank issued an SBA franchise loan. Here are the details on this North Carolina small business loan.
SBA Loan Borrower
THE GODDARD SCHOOL OF MORRISVI
MORRISVILLE, NC 27560
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
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
2/16/2001
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
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 8 employees. The loan application indicated that the loan would help generate 1 new job and retain 9 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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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