Child Day Care Services Loans

Looking for loans for child day care services? An SBA loan may be just what you've been looking for. This $135,000 child day care services loan was issued by a Pennsylvania bank.

This company knew how to go about getting a business bank loan. Based in Coatesville, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Enterprise Invest Fund Inc., based in Philadelphia, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
COATESVILLE, PA 19320

SBA Loan Lender

ENTERPRISE INVEST FUND INC.
CAST IRON BLDG, 718 ARCH ST,
PHILADELPHIA, PA 19106

This lender issued this business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

12/12/2002

Loan Approval Gross Amount

$135,000

Loan Approval from the SBA

Of the total $135,000 loan amount, the SBA guaranteed $114,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Coatesville PA, you ought to talk with a local Coatesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coatesville businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Enterprise Invest Fund Inc. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

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SBA 7A Banks for Philadelphia, Pennsylvania Loans

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