Bank Loans for Child Day Care Services

Looking for bank loans for child day care services? Try the SBA. This $42,000 child day care services loan was issued by an Idaho bank.

This company knew how to go about getting a business bank loan. Based in Twin Falls, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was First Fed. Savings Bank - Twin F, based in Twin Falls, Idaho.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
TWIN FALLS, ID 83301

SBA Loan Lender

FIRST FED. SAVINGS BANK - TWIN F
383 SHOSHONE ST NORTH
TWIN FALLS, ID 83301

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

4/5/2001

Loan Approval Gross Amount

$42,000

Loan Approval from the SBA

Of the total $42,000 loan amount, the SBA guaranteed $35,700.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees.

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

If you have been wondering how do i get money to start a business in Twin Falls ID, you ought to talk with a local Twin Falls SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Twin Falls businesses.

This SBA loan was for $42,000. How would you spend $42,000 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.

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