Borrow Money to Buy a Kids R Kids Franchise
Need money to purchase a Kids R Kids franchise? Wachovia Sba Lending, Inc. has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Kids R Kids franchise shouldn't be overly burdensome. In 2007, Wachovia Sba Lending, Inc. issued an SBA franchise loan to an entrepreneur in Reno, Nevada. Because Kids R Kids was registered with the SBA's registry of franchises, this Nevada small business loan was issued on an expedited basis.
SBA Loan Borrower
KIDS R KIDS #1 NV
RENO, NV 89521
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
12/3/2007
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Kids R Kids franchise. At the time of the loan, the company
had 32 employees. This SBA loan request indicated that the loan would help retain 32 existing jobs.
Next Steps for Getting an SBA Loan
If you are raising money in Reno NV, you ought to talk with a local Reno SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Reno businesses.
This SBA loan was for $200,000. How would you spend $200,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Kids R Kids
Business Credit Evaluation
Find an SBA Lender in Roseville, California
California SBA 7A Lenders