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December 22, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Amherst, Business Loans > Manufacturers & Traders Trust Amherst Business Loans > Play And Music Centers Of Nepa Loan | ||||
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Pennsylvania Small Business Funding for Franchises
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Trucksville, PA Entrepreneur Gets SBA Loan to Buy Gymboree FranchiseNeed a loan to purchase a Gymboree franchise? Manufacturers & Traders Trust has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Gymboree franchise shouldn't be overly burdensome. In 2002, Manufacturers & Traders Trust issued an SBA franchise loan to an entrepreneur in Trucksville, Pennsylvania. Because Gymboree was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis. SBA Loan Borrower PLAY AND MUSIC CENTERS OF NEPA SBA Loan Lender MANUFACTURERS & TRADERS TRUST As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 4/8/2002 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 Gymboree franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the funding would help generate 5 new jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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 $100,000 loan. Remember, feel the fear, and do it anyway. 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 Banks in Amherst, New York
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