Commercial Loans for Child Day Care Services

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 $119,600 was given to a Montana entrepreneur in 2004.

This business knew how to go about getting a business bank loan. Based in Helena, Montana, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Valley Bank Of Helena, based in Helena, Montana.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
HELENA, MT 59602

SBA Loan Lender

VALLEY BANK OF HELENA
3030 N MONTANA AVE
HELENA, MT 59601

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

12/17/2004

Loan Approval Gross Amount

$119,600

Loan Approval from the SBA

Of the total $119,600 loan amount, the SBA guaranteed $59,800.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Helena MT, you ought to talk with a local Helena SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Helena businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Valley Bank Of Helena so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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