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April 26, 2024  
 
 
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Where to Get an SBA 7A Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Susquehanna Bank Pa Provides SBA Loan to Buy Kid To Kid Franchise

Borrowing money to buy a Kid To Kid franchise? Susquehanna Bank Pa has a history of making these loans and they are guaranteed by the SBA.

Kid To Kid franchise loans are available to Cockeysville, Maryland entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Susquehanna Bank Pa, based in Westminster, Maryland, issued an SBA franchise loan for a Kid To Kid franchise in 2007. We've got all the details on this Maryland small business loan.

SBA Loan Borrower

KID TO KID
COCKEYSVILLE, MD 21030

SBA Loan Lender

SUSQUEHANNA BANK PA
275 CLIFTON BLVD
WESTMINSTER, MD 21157

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448140 - Family Clothing Stores

Loan Approval Date

5/25/2007

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Kid To Kid franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the funding would help generate 4 new jobs.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Susquehanna Bank Pa are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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