Where to Get Capital for Child Day Care Services

With these small business loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $615,500 was given to a Pennsylvania entrepreneur in 2004.

This company knew how to go about getting a business bank loan. Based in Robesonia, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Susquehanna Bank Dv, based in Pottstown, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
ROBESONIA, PA 19551

SBA Loan Lender

SUSQUEHANNA BANK DV
HIGH & HANOVER STS
POTTSTOWN, PA 19464

This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending history and are well trained in SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

7/26/2004

Loan Approval Gross Amount

$615,500

Loan Approval from the SBA

Of the total $615,500 loan amount, the SBA guaranteed $461,625.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 9 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

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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.

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