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:

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Small Business Banks in Saint Louis, Missouri

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