Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Business Loans for Weldon Businesses

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Kids R Kids Franchise

Borrowing money to purchase a Kids R Kids franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.

Kids R Kids franchise loans are available to Weldon, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri, issued an SBA franchise loan for a Kids R Kids franchise in 2000. We've got all the details on this Texas small business loan.

SBA Loan Borrower

KIDS R KIDS #7
WELDON, TX 77380

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

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

3/23/2000

Loan Approval Gross Amount

$1,632,000

Loan Approval from the SBA

Of the total $1,632,000 loan amount, the SBA guaranteed $749,904.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kids R Kids franchise. At the time of the loan, the company had 36 employees. The SBA loan application for the borrower indicated that the loan would help retain 36 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Weldon or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Kids R Kids

Microlending as a Small Business Funding Source

SBA Participating Banks in St. Louis, Missouri

Getting a Business Loan in Missouri