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November 15, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Discovery Point Child Developm Loan | ||||
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Where Can I Find Franchise Loans in Stockbridge, Georgia?
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Cit Small Business Lending Corp Provides SBA Loan to Buy Discovery Point FranchiseNeed money to invest in a Discovery Point franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Stockbridge, Georgia needed money to invest in a Discovery Point franchise back in 2003. Cit Small Business Lending Corp issued an SBA franchise loan. Here are the details on this Georgia small business loan. SBA Loan Borrower DISCOVERY POINT CHILD DEVELOPM SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA debt financing 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 6/11/2003 Loan Approval Gross Amount $1,554,000 Loan Approval from the SBA Of the total $1,554,000 loan amount, the SBA guaranteed $999,999. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Discovery Point franchise. At the time of the loan, the company had 25 employees. The loan application indicated that the loan would help create 25 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Cit Small Business Lending Corp that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA Participating Banks in Livingston, New Jersey
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