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May 8, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > St. Louis, Business Loans > Ge Cap. Small Business Finan Corp St. Louis Business Loans > Child Day Care Services Loan | ||||
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Ge Cap. Small Business Finan Corp SBA Loans
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How to Get a Loan for Child Day Care ServicesWith these business loans for child day care services, the SBA guarantees the lender that the loan will be repaid. This child day care services loan for $198,000 was given to a California entrepreneur in 2001. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Laguna Niguel, California was able to borrow $198,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $148,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender GE CAP. SMALL BUSINESS FINAN CORP The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses. 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 1/10/2001 Loan Approval Gross Amount $198,000 Loan Approval from the SBA Of the total $198,000 loan amount, the SBA guaranteed $148,500. 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 2 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Best Banks for Small Business in St. Louis, Missouri
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