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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Roseville, Business Loans > Wachovia Sba Lending, Inc. Roseville Business Loans > Child Day Care Services Loan | ||||
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What Does It Take to Get a Business Loan in Kennesaw, Georgia?
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Financing for Child Day Care ServicesLooking for commercial loans for child day care services? Talk to a banker who works with the SBA. This $655,000 child day care services loan was issued by a California bank. This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Wachovia Sba Lending, Inc., out of Roseville, California. The loan was granted and they received $655,000 to help grow their Kennesaw, Georgia business. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender WACHOVIA SBA LENDING, INC. As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 3/1/2006 Loan Approval Gross Amount $655,000 Loan Approval from the SBA Of the total $655,000 loan amount, the SBA guaranteed $491,250. 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 76 employees. The SBA loan documents indicated that the loan would help retain 76 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $655,000. How would you spend $655,000 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. Related Links: Accountant's Role in Securing Financing Best Banks for Small Business in Roseville, California Getting an SBA Loan in California
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