Tampa, FL Entrepreneur Gets SBA Loan to Buy Kiddie Academy Franchise

Need a loan to buy a Kiddie Academy franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Kiddie Academy franchise loans are available to Tampa, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of America, based in Charlotte, North Carolina, issued an SBA franchise loan for a Kiddie Academy franchise in 2005. We've got all the details on this Florida small business loan.

SBA Loan Borrower

LITTLE LEADERS, INC.
TAMPA, FL 33624

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

7/7/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kiddie Academy franchise. At the time of the loan, the company had 21 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 25 existing jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of America and they will explain how you can get an SBA loan for your company.

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

Getting a Small Business Loan

Small Business Banks in Charlotte, North Carolina

North Carolina SBA Banks