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March 29, 2024  
 
 
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I Need a Business Loan to Buy a Franchise in Morrisville, North Carolina

 

 
Loan Census SBA Loan Info

Comerica Bank Provides SBA Loan to Buy Goddard Early Learning Center Franchise

Borrowing money to buy a Goddard Early Learning Center franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Morrisville, North Carolina needed money to invest in a Goddard Early Learning Center franchise back in 2001. Comerica Bank issued an SBA franchise loan. Here are the details on this North Carolina small business loan.

SBA Loan Borrower

THE GODDARD SCHOOL OF MORRISVI
MORRISVILLE, NC 27560

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA 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

2/16/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 8 employees. The loan application indicated that the loan would help generate 1 new job and retain 9 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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