Pearland, TX Entrepreneur Gets SBA Loan to Buy Kids R Kids Franchise
Need money to buy a Kids R Kids franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Pearland, Texas needed money to invest in a Kids R Kids franchise back in 2005. Branch Bank & Trust issued an SBA franchise loan. Here are the details on this Texas small business loan.
SBA Loan Borrower
JBAB INVESTMENTS LLC & EXCEL KIDS CARE, LL
Pearland, TX 77584
SBA Loan Lender
BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a 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
6/24/2005
Loan Approval Gross Amount
$310,000
Loan Approval from the SBA
Of the total $310,000 loan amount, the SBA guaranteed $232,500.
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 generate 23 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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Getting an SBA Loan in North Carolina