SBA Loan from Nexbank, Ssb Helps Child Day Care Services Company
Nexbank, Ssb has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Nexbank, Ssb, out of Dallas, Texas. The loan was granted and they received $225,000 to help grow their Irving, Texas business.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
IRVING, TX 75062
SBA Loan Lender
NEXBANK, SSB
13455 NOEL RD, STE 2220
DALLAS, TX 75240
This loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
1/28/2005
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 6 employees. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Nexbank, Ssb and they will explain how you can get an SBA loan for your company.
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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