Get an SBA Loan for Child Day Care Services

With these small business loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $2,000,000 was given to a Georgia entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Canton, Georgia was able to borrow $2,000,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $1,500,000 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
Canton, GA 30114

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

6/20/2007

Loan Approval Gross Amount

$2,000,000

Loan Approval from the SBA

Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 26 employees. This SBA loan request indicated that the loan would help retain 26 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Canton GA, you ought to talk with a local Canton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Canton businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Cit Small Business Lending Corp and they will explain how you can get an SBA loan for your company.

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.

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