Bank Loans for Child Day Care Services
Looking for bank loans for child day care services? An SBA loan may be just what you've been looking for. This $76,000 child day care services loan was issued by a Texas bank.
This small firm knew how to go about getting a business bank loan. Based in Corpus Christi, Texas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Amer Bank, based in Corpus Christi, Texas.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
CORPUS CHRISTI, TX 78412
SBA Loan Lender
AMER BANK
711 N CARANCAHUA
CORPUS CHRISTI, TX 78411
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
8351 - Child Day Care Services
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
1/19/2000
Loan Approval Gross Amount
$76,000
Loan Approval from the SBA
Of the total $76,000 loan amount, the SBA guaranteed $38,000.
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 25 employees. This SBA loan request indicated that the loan would help generate 25 new jobs and retain 25 existing jobs.
Next Steps for Getting an SBA Loan
If you are raising money in Corpus Christi TX, you ought to talk with a local Corpus Christi SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Corpus Christi businesses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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:
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Good Banks for Small Business in Corpus Christi, Texas
Find an SBA Lender in Texas