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April 29, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Dallas, Business Loans > Millennium State Bank Of Texas Dallas Business Loans > Adventure Kids Playcare Plano Loan | ||||
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Where to Get a Business Loan to Purchase a Franchise
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Loan to Buy Adventure Kids Playcare Franchise Issued By Millennium State Bank Of TexasNeed money to invest in an Adventure Kids Playcare franchise? Millennium State Bank Of Texas has a history of making these loans and they are guaranteed by the SBA. Adventure Kids Playcare franchise loans are available to Plano, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Millennium State Bank Of Texas, based in Dallas, Texas, issued an SBA franchise loan for an Adventure Kids Playcare franchise in 2006. We've got all the details on this Texas small business loan. SBA Loan Borrower ADVENTURE KIDS PLAYCARE PLANO SBA Loan Lender MILLENNIUM STATE BANK OF TEXAS This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 4/28/2006 Loan Approval Gross Amount $370,000 Loan Approval from the SBA Of the total $370,000 loan amount, the SBA guaranteed $277,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Adventure Kids Playcare franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 21 new jobs and retain 21 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $370,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Where to Get an SBA Loan in Dallas, Texas
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