Borrow Money to Buy a Bright Star Learning Center Franchise

Need a loan to invest in a Bright Star Learning Center franchise? First Charter Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Bright Star Learning Center franchise? If so, here's a 2007 SBA franchise loan that you should know about. First Charter Bank was the lender and the entrepreneur was based in Morrow, Georgia.

SBA Loan Borrower

BRIGHT STAR LEARNING CENTER
MORROW, GA 30260

SBA Loan Lender

FIRST CHARTER BANK
10200 DAVID TAYLOR DR
CHARLOTTE, NC 28262

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

11/20/2007

Loan Approval Gross Amount

$382,500

Loan Approval from the SBA

Of the total $382,500 loan amount, the SBA guaranteed $286,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Bright Star Learning Center franchise. At the time of the loan, the company had 32 employees. This SBA loan request indicated that the loan would help generate 18 new jobs and retain 50 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you want money for new small business in Morrow GA, you ought to talk with a local Morrow SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Morrow 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 $382,500 loan. Remember, you control your own destiny.

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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