Texas SBA Loan Issued to Child Day Care Services Company
TexasBusiness loans are available to Texas business owners through the SBA. In this case, a Texas bank provides the loan.
Getting a small business loan in Dallas, Texas was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Fdic/ Heritage National Bank. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
DALLAS, TX 75217
SBA Loan Lender
FDIC/ HERITAGE NATIONAL BANK
5080 SPECTRUM DR., STE 1000 E
DALLAS, TX 75248
This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending track record and a thorough understanding of SBA policies and procedures.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8351 - Child Day Care Services
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
11/17/2004
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 26 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Dallas or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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SBA Lenders in Texas