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December 19, 2024  
 
 
  Business Loan Information  
 

Raising Money in Thibodaux, Louisiana With SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Child Day Care Services

With these small business loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $75,000 was given to a Louisiana entrepreneur in 2002.

This company knew how to go about getting a business bank loan. Based in Thibodaux, Louisiana, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was A S I Fcu, based in Harahan, Louisiana.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
THIBODAUX, LA 70301

SBA Loan Lender

A S I FCU
5508 CITRUS BLVD
HARAHAN, LA 70123

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This 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

10/21/2002

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $56,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 23 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. A S I Fcu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, A S I Fcu made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Raising Venture Capital

Small Business Banks in Harahan, Louisiana

Louisiana SBA 7A Lenders