Texas SBA Loan Issued to Child Day Care Services Company
Want a Texas SBA loan? This Texas entrepreneur got an SBA loan, provided by a Georgia bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Katy, Texas by studying this loan to a local business, made back in 2007. Banks like Fidelity Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
Katy, TX 77493
SBA Loan Lender
FIDELITY BANK
3500 HOLCOMB BRIDGE RD
NORCROSS, GA 30092
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
11/2/2007
Loan Approval Gross Amount
$224,000
Loan Approval from the SBA
Of the total $224,000 loan amount, the SBA guaranteed $168,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The loan application indicated that the loan would help generate 12 new jobs and retain 13 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Fidelity Bank 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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