Raising Money for Child Day Care Services

Looking for business loans for child day care services? The SBA may be the answer. This $1,180,000 child day care services loan was issued by a Kentucky bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with 1st Cap. Bank - Kentucky, out of Louisville, Kentucky. The loan was granted and they received $1,180,000 to help grow their Lexington, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
LEXINGTON, KY 40505

SBA Loan Lender

1ST CAP. BANK - KENTUCKY
293 N HUBBARDS LN
LOUISVILLE, KY 40207

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

10/29/2004

Loan Approval Gross Amount

$1,180,000

Loan Approval from the SBA

Of the total $1,180,000 loan amount, the SBA guaranteed $885,000.

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 loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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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