Get an SBA Loan for Educational Support Services
Looking for bank loans for educational support services? Talk to a banker who works with the SBA. This $500,000 educational support services loan was issued by a Missouri bank.
Getting a small business loan in Glendale, California was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First Bank, operating out of Creve Coeur, Missouri. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: EDUCATIONAL SUPPORT SERVICES
GLENDALE, CA 91214
SBA Loan Lender
FIRST BANK
11901 OLIVE BLVD
CREVE COEUR, MO 63141
This lender issued this SBA bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
611710 - Educational Support Services
Loan Approval Date
6/15/2004
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $375,000.
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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.
Related Links:
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SBA Participating Banks in Creve Coeur, Missouri
SBA Lenders in Missouri