Commercial Loans for Child Day Care Services
Looking for commercial loans for child day care services? Try the SBA. This $313,000 child day care services loan was issued by a Missouri bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bremen Bank And Trust Company, out of Saint Louis, Missouri. The loan was granted and they received $313,000 to help grow their St. Charles, Missouri business.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
ST. CHARLES, MO 63301
SBA Loan Lender
BREMEN BANK AND TRUST COMPANY
3529 N BROADWAY
SAINT LOUIS, MO 63147
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
9/12/2003
Loan Approval Gross Amount
$313,000
Loan Approval from the SBA
Of the total $313,000 loan amount, the SBA guaranteed $234,750.
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 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $313,000. How would you spend $313,000 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.
Related Links:
Direct Public Offerings
Small Business Banks in Saint Louis, Missouri
SBA Missouri Banks