How to Get a Loan for Child Day Care Services
Looking for commercial loans for child day care services? Talk to a banker who works with the SBA. This $160,000 child day care services loan was issued by a Missouri bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Springfield, Missouri was able to borrow $160,000 from Village Bank. The SBA made the loan possible by guaranteeing $120,000 of this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
SPRINGFIELD, MO 65807
SBA Loan Lender
VILLAGE BANK
2360 E SUNSHINE
SPRINGFIELD, MO 65804
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
7/17/2006
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $120,000.
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 only one employee. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $160,000. How would you spend $160,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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