Loan to Buy Wild Birds Unlimited Franchise Issued By K Bank

Borrowing money to purchase a Wild Birds Unlimited franchise? K Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Timonium, Maryland needed money to invest in a Wild Birds Unlimited franchise back in 2003. K Bank issued an SBA franchise loan. Here are the details on this Maryland small business loan.

SBA Loan Borrower

WILD BIRDS UNLIMITED
TIMONIUM, MD 21093

SBA Loan Lender

K BANK
11407 CRONHILL DR, STE N
OWINGS MILLS, MD 21117

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

453998 - Store Retailers

Loan Approval Date

9/12/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Wild Birds Unlimited franchise. At the time of the loan, the company had 15 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 K Bank 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:

Wild Birds Unlimited, Inc.

Business Line of Credit

Good Banks for Small Business in Owings Mills, Maryland

Maryland SBA Banks