Raising Money for Child Day Care Services

Looking for business loans for child day care services? Talk to a banker who works with the SBA. This $190,000 child day care services loan was issued by a Texas bank.

Getting a small business loan in Prosper, Texas was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Prosperity Bank, operating out of Dallas, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
PROSPER, TX 75078

SBA Loan Lender

PROSPERITY BANK
12655 N CENTRAL EXPWY
DALLAS, TX 75253

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

1/8/2002

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

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 only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Prosper TX, you ought to talk with a local Prosper SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Prosper businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Prosperity 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.

Related Links:

Business Credit Evaluation

Small Business Banks in Dallas, Texas

SBA Lenders in Texas