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December 19, 2024  
 
 
  Business Loan Information  
 

What Does It Take to Get a Business Loan in Corpus Christi, Texas?

 

 
Loan Census SBA Loan Info

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