Get an SBA Loan for Child Day Care Services
Looking for bank loans for child day care services? Talk to a banker who works with the SBA. This $80,000 child day care services loan was issued by a Missouri bank.
This company knew how to go about getting a business bank loan. Based in St Peters, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was St. Johns Bank & Trust, based in Saint Louis, Missouri.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
ST PETERS, MO 63376
SBA Loan Lender
ST. JOHNS BANK & TRUST
8924 ST. CHARLES ROCK RD
SAINT LOUIS, MO 63114
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
1/22/2004
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $68,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
Related Links:
Family and Friend Investors - Your First Financiers
Best Banks for Small Business in Saint Louis, Missouri
SBA Lenders in Missouri