Child Day Care Services SBA Loans

With these SBA loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $169,000 was given to a Nebraska entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lincoln, Nebraska was able to borrow $169,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $126,750 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
LINCOLN, NE 68510

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

3/19/2003

Loan Approval Gross Amount

$169,000

Loan Approval from the SBA

Of the total $169,000 loan amount, the SBA guaranteed $126,750.

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 11 employees. The SBA loan application for the borrower indicated that the loan would help retain 11 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Lincoln NE, you ought to talk with a local Lincoln SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lincoln businesses.

This SBA loan was for $169,000. How would you spend $169,000 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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