Spring, TX Entrepreneur Gets SBA Loan to Buy Kids R Kids Franchise

Need money to buy a Kids R Kids franchise? Amresco Sba Holdings, 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 too tough. In 2000, Amresco Sba Holdings, Inc. issued an SBA franchise loan to an entrepreneur in Spring, Texas. Because Kids R Kids was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis.

SBA Loan Borrower

KIDS R KIDS #5 TEXAS
SPRING, TX 77379

SBA Loan Lender

AMRESCO SBA HOLDINGS, INC.
5221 N. O'CONNOR BLVD, SUITE
IRVING, TX 75039

This lender provides SBA small 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.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

4/10/2000

Loan Approval Gross Amount

$1,463,500

Loan Approval from the SBA

Of the total $1,463,500 loan amount, the SBA guaranteed $749,999.

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 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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 $1,463,500 loan. Remember, where there is a will, there is a way!

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

How Much Venture Capital Is There?

SBA Participating Banks in Irving, Texas

Texas SBA 7A Lenders