Child Day Care Services Business Loans

Looking for business loans for child day care services? An SBA loan may be just what you've been looking for. This $141,600 child day care services loan was issued by an Ohio bank.

This business knew how to go about getting a business bank loan. Based in Mccomb, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First Fed. Bank - Midwest, based in Defiance, Ohio.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
MCCOMB, OH 45858

SBA Loan Lender

FIRST FED. BANK - MIDWEST
601 CLINTON ST
DEFIANCE, OH 43512

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

7/23/2004

Loan Approval Gross Amount

$141,600

Loan Approval from the SBA

Of the total $141,600 loan amount, the SBA guaranteed $106,200.

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 13 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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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