Get an SBA Loan for Child Day Care Services
Looking for small business loans for child day care services? Talk to a banker who works with the SBA. This $64,400 child day care services loan was issued by an Ohio bank.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Bank Of Maumee, out of Maumee, Ohio. The loan was granted and they received $64,400 to help grow their Toledo, Ohio business.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
TOLEDO, OH 43623
SBA Loan Lender
BANK OF MAUMEE
3425 BRIARFIELD BLVD, STE 100
MAUMEE, OH 43537
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
7/18/2007
Loan Approval Gross Amount
$64,400
Loan Approval from the SBA
Of the total $64,400 loan amount, the SBA guaranteed $54,740.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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Find an SBA Lender in Maumee, Ohio
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