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April 23, 2024  
 
 
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Loan Census SBA Loan Info

Marietta, GA Entrepreneur Gets SBA Loan to Buy Goddard Early Learning Center Franchise

Need a loan to buy a Goddard Early Learning Center franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Marietta, Georgia needed money to invest in a Goddard Early Learning Center franchise back in 2000. Ge Cap. Small Business Finan Corp issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

GODDARD SCHOOL OF EAST COBB
MARIETTA, GA 30066

SBA Loan Lender

GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

2/17/2000

Loan Approval Gross Amount

$335,000

Loan Approval from the SBA

Of the total $335,000 loan amount, the SBA guaranteed $251,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Goddard Early Learning Center franchise. At the time of the loan, the company had 27 employees. The loan application did not indicate that the small business promised to use the money to hire new employees 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ge Cap. Small Business Finan Corp 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:

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Best St. Louis, Missouri Banks for Small Business

Missouri SBA 7A Lenders