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November 15, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Harahan, Business Loans > A S I Fcu Harahan Business Loans > Child Day Care Services Loan | ||||
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Raising Money in Thibodaux, Louisiana With SBA Loans
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Where to Get Capital for Child Day Care ServicesWith 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 SBA Loan Lender A S I FCU 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: Small Business Banks in Harahan, Louisiana
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