How to Get a Loan for Child Day Care Services

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 $20,000 was given to a Louisiana entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Minden, Louisiana was able to borrow $20,000 from Gibsland Bank & Trust Company. The SBA made the loan possible by guaranteeing $17,000 of this Louisiana small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
MINDEN, LA 71055

SBA Loan Lender

GIBSLAND BANK & TRUST COMPANY
1246 S 3RD ST
GIBSLAND, LA 71028

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

4/14/2004

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $17,000.

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 6 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Minden or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Small Business Loan

Best Banks in Gibsland, Louisiana

SBA Lenders in Louisiana