Shreveport, LA Entrepreneur Gets SBA Loan to Buy Gymboree Franchise

Need a loan to purchase a Gymboree franchise? Amer National Bank - Texas has a history of making these loans and they are guaranteed by the SBA.

Gymboree franchise loans are available to Shreveport, Louisiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Amer National Bank - Texas, based in Fort Worth, Texas, issued an SBA franchise loan for a Gymboree franchise in 2005. We've got all the details on this Louisiana small business loan.

SBA Loan Borrower

GYMBOREE PLAY & MUSIC
SHREVEPORT, LA 71106

SBA Loan Lender

AMER NATIONAL BANK - TEXAS
2720 W 7TH ST
FORT WORTH, TX 76102

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

12/8/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Gymboree franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Amer National Bank - Texas and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Gymboree Play & Music

How to Raise Money

Find an SBA Lender in Fort Worth, Texas

Getting an SBA Loan in Texas