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December 22, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Virginia Beach, Business Loans > Resource Bank Virginia Beach Business Loans > Goddard School Loan | ||||
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How Can I Buy a Franchise in Virginia Beach, Virginia?
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Borrow Money to Buy a Goddard Early Learning Center FranchiseNeed a loan to buy a Goddard Early Learning Center franchise? Resource Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Goddard Early Learning Center franchise requires some effort but others before you have been successful. In 2001, Resource Bank issued an SBA franchise loan to an entrepreneur in Virginia Beach, Virginia. Because Goddard Early Learning Center was registered with the SBA's registry of franchises, this Virginia small business loan was issued on an expedited basis. SBA Loan Borrower GODDARD SCHOOL SBA Loan Lender RESOURCE BANK This lender provides SBA bank 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. NAICS Code 624410 - Child Day Care Services Loan Approval Date 2/22/2001 Loan Approval Gross Amount $1,413,000 Loan Approval from the SBA Of the total $1,413,000 loan amount, the SBA guaranteed $999,994. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Goddard Early Learning Center franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Resource Bank 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: Obtaining Funding From a Venture Capitalist Who Lends Money to Small Businesses in Virginia Beach, Virginia Where to Get an SBA Loan Virginia
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