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November 14, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Atlanta, Business Loans > Fidelity Bank Atlanta Business Loans > Discovery Point Child Care Loan | ||||
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Where to Get a Small Business Loan to Purchase a Franchise
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Florida Entrepreneur Secures Financing to Buy Discovery Point FranchiseNeed a loan to buy a Discovery Point franchise? Fidelity Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Discovery Point franchise? If so, here's a 2006 SBA franchise loan that you should know about. Fidelity Bank was the lender and the entrepreneur was based in Wesley Chapel, Florida. SBA Loan Borrower DISCOVERY POINT CHILD CARE SBA Loan Lender FIDELITY BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8351 - Child Day Care Services NAICS Code 624410 - Child Day Care Services Loan Approval Date 4/17/2006 Loan Approval Gross Amount $2,000,000 Loan Approval from the SBA Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Discovery Point franchise. At the time of the loan, the company had 22 employees. The loan application did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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 Fidelity 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: Obtaining Funding - How to Borrow Money Best Banks for Small Business in Atlanta, Georgia
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