Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

How Do We Get a Business Loan in Mesa, Arizona?

 

 
Loan Census SBA Loan Info

How to Get a Loan for Child Day Care Services

Looking for business loans for child day care services? An SBA loan may be just what you've been looking for. This $1,026,200 child day care services loan was issued by a Texas bank.

Getting a small business loan in Mesa, Arizona was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank, operating out of Houston, Texas. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
MESA, AZ 85208

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

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

3/12/2001

Loan Approval Gross Amount

$1,026,200

Loan Approval from the SBA

Of the total $1,026,200 loan amount, the SBA guaranteed $769,650.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. The loan application indicated that the loan would help generate 14 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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.

Related Links:

Raising VC Money for Social Networking Companies

Best Banks in Houston, Texas

SBA Participating Banks in Texas