Loan to Buy Once Upon A Child Franchise Issued By Mid Penn Bank

Borrowing money to invest in an Once Upon A Child franchise? Mid Penn Bank 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 2002 SBA franchise loan that you should know about. Mid Penn Bank was the lender and the entrepreneur was based in Harrisburg, Pennsylvania.

SBA Loan Borrower

ONCE UPON A CHILD
HARRISBURG, PA 17117

SBA Loan Lender

MID PENN BANK
4098 DERRY ST
HARRISBURG, PA 17111

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5651 - Family Clothing Stores

NAICS Code

448140 - Family Clothing Stores

Loan Approval Date

6/21/2002

Loan Approval Gross Amount

$114,000

Loan Approval from the SBA

Of the total $114,000 loan amount, the SBA guaranteed $96,900.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Once Upon A Child franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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