Nevada Entrepreneur Secures Financing to Buy Goddard Early Learning Center Franchise

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

If you live near Sparks, Nevada and are interested in buying a Goddard Early Learning Center franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2007 by Mainstreet Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

THE AGAMAN CORPORATION
SPARKS, NV 89431

SBA Loan Lender

MAINSTREET BANK
727 ELDEN ST
HERNDON, VA 20170

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611110 - Elementary and Secondary Schools

Loan Approval Date

8/22/2007

Loan Approval Gross Amount

$343,500

Loan Approval from the SBA

Of the total $343,500 loan amount, the SBA guaranteed $257,625.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Goddard Early Learning Center franchise. At the time of the loan, the company had 18 employees. The SBA loan documents indicated that the funding would help create 18 new jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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.

Related Links:

Small Business Loan

Banks in Herndon, Virginia

Virginia SBA Banks