Indiana Entrepreneur Secures Financing to Buy Once Upon A Child Franchise
Need a loan to purchase an Once Upon A Child franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy an Once Upon A Child franchise? If so, here's a 2001 SBA franchise loan that you should know about. Keybank National Association was the lender and the entrepreneur was based in Fishers (corporate Name For Fi, Indiana.
SBA Loan Borrower
SECOND TIME AROUND INC
FISHERS (CORPORATE NAME FOR FI, IN 46038
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5641 - Children's and Infants' Wear Stores
NAICS Code
448130 - Children's and Infants' Clothing Stores
Loan Approval Date
1/24/2001
Loan Approval Gross Amount
$118,000
Loan Approval from the SBA
Of the total $118,000 loan amount, the SBA guaranteed $59,000.
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 11 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Once Upon A Child
Business Incubators
SBA 7A Banks in Cleveland, Ohio
SBA Lenders in Ohio