Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

I Need an SBA Loan in Hollis, New York

 

 
Loan Census SBA Loan Info

Borrowing Money for Child Day Care Services

Looking for small business loans for child day care services? Talk to a banker who works with the SBA. This $25,000 child day care services loan was issued by a Texas bank.

This small firm knew how to go about getting a business bank loan. Based in Hollis, New York, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Jpmorgan Chase Bank, based in Houston, Texas.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
HOLLIS, NY 11423

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

10/22/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Hollis NY, you ought to talk with a local Hollis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hollis businesses.

We can help you find the best banks for small businesses in Hollis or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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