Loan to Buy Wild Bird Centers Of America Franchise Issued By Parish National Bank

Borrowing money to buy a Wild Bird Centers Of America franchise? Parish National Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Wild Bird Centers Of America franchise shouldn't be too tough. In 2001, Parish National Bank issued an SBA franchise loan to an entrepreneur in Folsom, Louisiana. Because Wild Bird Centers Of America was registered with the SBA's registry of franchises, this Louisiana small business loan was issued on an expedited basis.

SBA Loan Borrower

WILD BIRD CENTER
FOLSOM, LA 70437

SBA Loan Lender

PARISH NATIONAL BANK
805 COLLINS BLVD
COVINGTON, LA 70433

This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453910 - Pet and Pet Supplies Stores

Loan Approval Date

8/30/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Wild Bird Centers Of America franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Wild Bird Centers of America, Inc.

Accountant's Role in Securing Financing

Good Banks for Small Business in Covington, Louisiana

Getting a Business Loan in Louisiana