Child Day Care Services Commercial Loans

With these commercial loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $77,700 was given to a North Dakota entrepreneur in 2004.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Wells Fargo Bank, out of San Jose, California. The loan was granted and they received $77,700 to help grow their Dickinson, North Dakota business.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
DICKINSON, ND 85601

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This lender provides SBA small business 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

6/25/2004

Loan Approval Gross Amount

$77,700

Loan Approval from the SBA

Of the total $77,700 loan amount, the SBA guaranteed $66,045.

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 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start business in Dickinson ND, you ought to talk with a local Dickinson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dickinson businesses.

This SBA loan was for $77,700. How would you spend $77,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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