Raising Money for Child Day Care Services

With these business loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $403,000 was given to a Texas entrepreneur in 2003.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Grand Bank Of Texas, out of Grand Prairie, Texas. The loan was granted and they received $403,000 to help grow their Kennedale, Texas business.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
KENNEDALE, TX 76060

SBA Loan Lender

GRAND BANK OF TEXAS
2341 S BELTLINE RD
GRAND PRAIRIE, TX 75051

This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending background and are well trained in SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8351 - Child Day Care Services

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

4/28/2003

Loan Approval Gross Amount

$403,000

Loan Approval from the SBA

Of the total $403,000 loan amount, the SBA guaranteed $302,250.

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 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Kennedale TX, you ought to talk with a local Kennedale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Kennedale businesses.

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 Grand Bank Of Texas 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.

Related Links:

Find Start-Up Capital

Good Banks for Small Business in Grand Prairie, Texas

Texas SBA 7A Lenders