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May 3, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Covington, Business Loans > Branch Bank & Trust Covington Business Loans > Discovery Point Child Developm Loan | ||||
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Lutz, Florida Bank Loan
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Florida Entrepreneur Secures Financing to Buy Discovery Point FranchiseNeed money to invest in a Discovery Point franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA. Discovery Point franchise loans are available to Lutz, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Branch Bank & Trust, based in Covington, Georgia, issued an SBA franchise loan for a Discovery Point franchise in 2005. We've got all the details on this Florida small business loan. SBA Loan Borrower DISCOVERY POINT CHILD DEVELOPM SBA Loan Lender BRANCH BANK & TRUST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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 624410 - Child Day Care Services Loan Approval Date 3/9/2005 Loan Approval Gross Amount $1,976,100 Loan Approval from the SBA Of the total $1,976,100 loan amount, the SBA guaranteed $1,482,075. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Discovery Point franchise. At the time of the loan, the company had 23 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,976,100 loan. Remember, fight for what you want, and it will be yours! 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: SBA Approved Banks in Covington, Georgia
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