Business Loan from Business Lenders, LLC Given to Child Day Care Services Company
Business Lenders, LLC has a track record as a leading provider of SBA loans. Find out how this Florida entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in New Port Richey, Florida, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Business Lenders, LLC, based in Hartford, Connecticut.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
NEW PORT RICHEY, FL 34653
SBA Loan Lender
BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103
This bank 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
2/24/2006
Loan Approval Gross Amount
$331,000
Loan Approval from the SBA
Of the total $331,000 loan amount, the SBA guaranteed $248,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 15 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Business Lenders, LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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