Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Sugar Land, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Sugar Land, TX Entrepreneur Gets SBA Loan to Buy Kids R Kids Franchise

Borrowing money to invest in a Kids R Kids franchise? Ge Cap. Small Business Finan Corp has a history of making these loans and they are guaranteed by the SBA.

If you live near Sugar Land, Texas and are interested in buying a Kids R Kids franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Ge Cap. Small Business Finan Corp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

KIDS R KIDS #23 OF TEXAS
SUGAR LAND, TX 77479

SBA Loan Lender

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

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

1/18/2001

Loan Approval Gross Amount

$2,000,000

Loan Approval from the SBA

Of the total $2,000,000 loan amount, the SBA guaranteed $928,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kids R Kids franchise. At the time of the loan, the company had 41 employees. This SBA loan request indicated that the loan would help generate 39 new jobs and retain 41 existing jobs.

Start the Process for Getting an SBA Loan Today!

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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Kids R Kids

Business Incubators

Where to Get an SBA Loan in St. Louis, Missouri

Missouri SBA Banks