Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Bismarck, North Dakota Bank Loan

 

 
Loan Census SBA Loan Info

North Dakota Entrepreneur Secures Financing to Buy Once Upon A Child Franchise

Borrowing money to invest in an Once Upon A Child franchise? Capital Cu has a history of making these loans and they are guaranteed by the SBA.

Once Upon A Child franchise loans are available to Bismarck, North Dakota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Capital Cu, based in Bismarck, North Dakota, issued an SBA franchise loan for an Once Upon A Child franchise in 2005. We've got all the details on this North Dakota small business loan.

SBA Loan Borrower

A&G ENTERPRISES,INC.DBA ONCE U
BISMARCK, ND 58503

SBA Loan Lender

CAPITAL CU
204 W THAYER AVE
BISMARCK, ND 58501

This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending track record and a deep knowledge SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5137 - Women's and Children's Clothing

NAICS Code

422330 - Women's, Children's, and Infants' Clothing and Accessories Wholesalers

Loan Approval Date

1/27/2005

Loan Approval Gross Amount

$128,000

Loan Approval from the SBA

Of the total $128,000 loan amount, the SBA guaranteed $108,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Once Upon A Child franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding 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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $128,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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Once Upon A Child

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