How to Get a Loan for Child and Youth Services

Looking for SBA loans for child and youth services? Talk to a banker who works with the SBA. This $100,000 child and youth services loan was issued by a Nevada bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Republic Bank, out of Las Vegas, Nevada. The loan was granted and they received $100,000 to help grow their Martinez, California business.

SBA Loan Borrower

COMPANY TYPE: CHILD AND YOUTH SERVICES
Martinez, CA 94553

SBA Loan Lender

FIRST REPUBLIC BANK
8310 W SAHARA AVE
LAS VEGAS, NV 89117

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

624110 - Child and Youth Services

Loan Approval Date

8/22/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Republic Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Republic Bank 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:

Famous Venture Capitalists

Best Banks in Las Vegas, Nevada

Nevada SBA Banks