Get an SBA Loan 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 $148,500 child day care services loan was issued by a North Carolina bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $148,500 from Bank Of America. The SBA made the loan possible by guaranteeing $126,225 of this Nevada small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
LAS VEGAS, NV 89110
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
4/25/2001
Loan Approval Gross Amount
$148,500
Loan Approval from the SBA
Of the total $148,500 loan amount, the SBA guaranteed $126,225.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 40 employees. The SBA loan application for the borrower indicated that the loan would help retain 40 existing jobs.
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Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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