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November 14, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Fort Worth, Business Loans > Colonial Savings, F.A. Fort Worth Business Loans > Child Day Care Services Loan | ||||
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Banks in Fort Worth, Texas That Make SBA Loans
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Fort Worth, Texas Bank Gives SBA Loan to Child Day Care Services CompanyThinking about meeting with a Fort Worth, Texas bank about a small business loan? Here's one Texas business loan, issued by a Fort Worth bank, that was approved by the SBA. Applying for an SBA loan with Colonial Savings, F.A. worked out well for our friends at one local company in Decatur, Texas. They received an SBA loan for $557,500. Nice! SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender COLONIAL SAVINGS, F.A. SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 11/15/2007 Loan Approval Gross Amount $557,500 Loan Approval from the SBA Of the total $557,500 loan amount, the SBA guaranteed $418,125. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 26 employees. The SBA loan application for the borrower indicated that the loan would help generate 13 new jobs and retain 13 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Colonial Savings, F.A. that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA 7A Lenders in Fort Worth, Texas
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