Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Longmont Business Owners

 

 
Loan Census SBA Loan Info

Pinnacle Bank-Wyoming Provides SBA Loan to Buy Once Upon A Child Franchise

Borrowing money to purchase an Once Upon A Child franchise? Pinnacle Bank-Wyoming has a history of making these loans and they are guaranteed by the SBA.

Once Upon A Child franchise loans are available to Longmont, Colorado entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Pinnacle Bank-Wyoming, based in Torrington, Wyoming, issued an SBA franchise loan for an Once Upon A Child franchise in 2006. We've got all the details on this Colorado small business loan.

SBA Loan Borrower

ONCE UPON A CHILD
LONGMONT, CO 80503

SBA Loan Lender

PINNACLE BANK-WYOMING
2000 MAIN ST
TORRINGTON, WY 82240

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

448130 - Children's and Infants' Clothing Stores

Loan Approval Date

8/25/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 10 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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.

Related Links:

Once Upon A Child

The Art of Bootstrapping

SBA Approved Banks in Torrington, Wyoming

Where to Get an SBA Loan Wyoming