Getting an SBA Loan for Child Day Care Services
Looking for SBA loans for child day care services? An SBA loan may be just what you've been looking for. This $1,508,000 child day care services loan was issued by a Georgia bank.
This business knew how to go about getting a business bank loan. Based in Jonesboro, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Rbc Centura Bank, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
JONESBORO, GA 30236
SBA Loan Lender
RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
5/11/2001
Loan Approval Gross Amount
$1,508,000
Loan Approval from the SBA
Of the total $1,508,000 loan amount, the SBA guaranteed $999,998.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 4 employees. The SBA loan documents indicated that the loan would help generate 16 new jobs and retain 20 existing jobs.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,508,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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