Child Day Care Services Loans
With these loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $201,500 was given to a California entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in El Centro, California was able to borrow $201,500 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $151,125 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
EL CENTRO, CA 92243
SBA Loan Lender
PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA 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
9/11/2006
Loan Approval Gross Amount
$201,500
Loan Approval from the SBA
Of the total $201,500 loan amount, the SBA guaranteed $151,125.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in El Centro CA, you ought to talk with a local El Centro SBA lender or talk with an out-of-area SBA lender that has previously loaned money to El Centro 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:
Attracting Investors
Banks in Escondido, California
Browse All Business Loan Sources for California