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November 24, 2024  
 
 
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We Needed a Small Business Loan in Florida City, Florida and We Got One!

 

 
Loan Census SBA Loan Info

Raising Money for Child Day Care Services

Looking for business loans for child day care services? Try the SBA. This $335,000 child day care services loan was issued by a Connecticut bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Business Lenders, LLC, out of Hartford, Connecticut. The loan was granted and they received $335,000 to help grow their Florida City, Florida business.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
FLORIDA CITY, FL 33034

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This lender provides SBA commercial 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

10/19/2007

Loan Approval Gross Amount

$335,000

Loan Approval from the SBA

Of the total $335,000 loan amount, the SBA guaranteed $251,250.

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 18 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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