Loan to Buy Kiddie Academy Franchise Issued By Unity Bank
Need money to buy a Kiddie Academy franchise? Unity Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Kiddie Academy franchise? If so, here's a 2002 SBA franchise loan that you should know about. Unity Bank was the lender and the entrepreneur was based in Wading River, New York.
SBA Loan Borrower
KIDDIE ACADEMY OF WADING RIVER
WADING RIVER, NY 11792
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
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
5/13/2002
Loan Approval Gross Amount
$265,000
Loan Approval from the SBA
Of the total $265,000 loan amount, the SBA guaranteed $198,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Kiddie Academy franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 24 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you have been wondering how do i get money to start a business in Wading River NY, you ought to talk with a local Wading River SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wading River businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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.
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Kiddie Academy Domestic Franchising, LLC
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