Borrow Money to Buy a Kid To Kid Franchise

Need a loan to invest in a Kid To Kid franchise? Community Bank Investments Inc has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Dover, Pennsylvania needed money to invest in a Kid To Kid franchise back in 2006. Community Bank Investments Inc issued an SBA franchise loan. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

KID TO KID
DOVER, PA 17315

SBA Loan Lender

COMMUNITY BANK INVESTMENTS INC
150 MARKET SQ
MILLERSBURG, PA 17061

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5932 - Used Merchandise Stores

NAICS Code

453310 - Used Merchandise Stores

Loan Approval Date

9/15/2006

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

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 2 employees. The loan application did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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 Community Bank Investments Inc 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.

Related Links:

Kid to Kid

Debt Financing

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Pennsylvania SBA 7A Lenders