Financing for Child Day Care Services
With these loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $99,200 was given to a Louisiana entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Vinton, Louisiana was able to borrow $99,200 from Capital One. The SBA made the loan possible by guaranteeing $84,320 of this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
VINTON, LA 70668
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
8/31/2006
Loan Approval Gross Amount
$99,200
Loan Approval from the SBA
Of the total $99,200 loan amount, the SBA guaranteed $84,320.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $99,200. How would you spend $99,200 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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