Where to Get Capital for Child Day Care Services
Looking for small business loans for child day care services? An SBA loan may be just what you've been looking for. This $70,700 child day care services loan was issued by a Nebraska bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bellevue, Nebraska was able to borrow $70,700 from Great Western Bank. The SBA made the loan possible by guaranteeing $60,095 of this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
BELLEVUE, NE 68123
SBA Loan Lender
GREAT WESTERN BANK
919 GALVIN RD SOUTH, STE 100
BELLEVUE, NE 68005
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to American small businesses.
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
4/2/2003
Loan Approval Gross Amount
$70,700
Loan Approval from the SBA
Of the total $70,700 loan amount, the SBA guaranteed $60,095.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 17 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source
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 $70,700 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:
The Art of Bootstrapping
Banks in Bellevue, Nebraska
SBA Lenders in Nebraska