Getting an SBA Loan for Child Day Care Services
Looking for commercial loans for child day care services? Talk to a banker who works with the SBA. This $800,000 child day care services loan was issued by a Georgia bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lake Worth, Florida was able to borrow $800,000 from Omni National Bank. The SBA made the loan possible by guaranteeing $600,000 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
LAKE WORTH, FL 33460
SBA Loan Lender
OMNI NATIONAL BANK
5 CONCOURSE PKWY, STE 100, QU
ATLANTA, GA 30328
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
5/25/2007
Loan Approval Gross Amount
$800,000
Loan Approval from the SBA
Of the total $800,000 loan amount, the SBA guaranteed $600,000.
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 11 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 13 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This SBA loan was for $800,000. How would you spend $800,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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