Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Business Loans for Largo Businesses

 

 
Loan Census SBA Loan Info

Small Business Loans for Child Day Care Services

Looking for small business loans for child day care services? Talk to a banker who works with the SBA. This $185,000 child day care services loan was issued by a Florida bank.

This small firm knew how to go about getting a business bank loan. Based in Largo, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Community Bank Of Manatee, based in Bradenton, Florida.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
LARGO, FL 33773

SBA Loan Lender

COMMUNITY BANK OF MANATEE
6000 SR 70 EAST
BRADENTON, FL 34203

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

2/1/2005

Loan Approval Gross Amount

$185,000

Loan Approval from the SBA

Of the total $185,000 loan amount, the SBA guaranteed $138,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 8 employees. The loan application indicated that the loan would help generate 1 new job and retain 9 existing jobs.

Next Steps for Getting an SBA Loan

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.

This SBA loan was for $185,000. How would you spend $185,000 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.

Related Links:

How to Raise Money

SBA 7A Banks for Bradenton, Florida Loans

SBA Participating Banks in Florida