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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Metrobank Houston Business Loans > Kids R Kids Texas #26 Loan | ||||
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Raising Money in Cypress, Texas With SBA Loans
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Borrow Money to Buy a Kids R Kids FranchiseBorrowing money to invest in a Kids R Kids franchise? Metrobank has a history of making these loans and they are guaranteed by the SBA. If you live near Cypress, Texas and are interested in buying a Kids R Kids franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Metrobank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower KIDS R KIDS TEXAS #26 SBA Loan Lender METROBANK This lender provides SBA debt financing 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 8/31/2001 Loan Approval Gross Amount $1,280,000 Loan Approval from the SBA Of the total $1,280,000 loan amount, the SBA guaranteed $960,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Kids R Kids franchise. At the time of the loan, the company had 40 employees. The SBA loan documents indicated that the borrowed money would help create 40 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Microlending as a Small Business Funding Source SBA Participating Banks in Houston, Texas
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