Where to Get Capital for Child and Youth Services
Looking for small business loans for child and youth services? An SBA loan may be just what you've been looking for. This $441,000 child and youth services loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santa Clarita, California was able to borrow $441,000 from Union Bank Of California. The SBA made the loan possible by guaranteeing $330,750 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD AND YOUTH SERVICES
SANTA CLARITA, CA 91350
SBA Loan Lender
UNION BANK OF CALIFORNIA
140 S ARROWHEAD
SAN BERNARDINO, CA 92408
This lender provides SBA 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
624110 - Child and Youth Services
Loan Approval Date
12/6/2002
Loan Approval Gross Amount
$441,000
Loan Approval from the SBA
Of the total $441,000 loan amount, the SBA guaranteed $330,750.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
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 Santa Clarita 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.
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