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November 14, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Morrisville, Business Loans > The Fidelity Bank Morrisville Business Loans > Kiddie Academy Loan | ||||
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Business Loans for Raleigh Entrepreneurs
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The Fidelity Bank Provides SBA Loan to Buy Kiddie Academy FranchiseNeed money to purchase a Kiddie Academy franchise? The Fidelity Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Raleigh, North Carolina and are interested in buying a Kiddie Academy franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by The Fidelity Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower KIDDIE ACADEMY SBA Loan Lender THE FIDELITY BANK This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 7/6/2006 Loan Approval Gross Amount $315,000 Loan Approval from the SBA Of the total $315,000 loan amount, the SBA guaranteed $236,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Kiddie Academy franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Kiddie Academy Domestic Franchising, LLC Best Banks for Small Business in Morrisville, North Carolina Browse All Business Loan Sources for North Carolina
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