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 $180,000 child day care services loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Republic Bank, out of Walnut Creek, California. The loan was granted and they received $180,000 to help grow their Martinez, California business.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
MARTINEZ, CA 94553
SBA Loan Lender
FIRST REPUBLIC BANK
1400 CIVIC DR
WALNUT CREEK, CA 94596
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
2/5/2003
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
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 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Republic Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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SBA 7A Banks for Walnut Creek, California Loans
California SBA Banks