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March 28, 2024  
 
 
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Sacramento Bank Loan

 

 
Loan Census SBA Loan Info

Sacramento, California Bank Gives SBA Loan to Child Day Care Services Company

Get to know Sacramento, California banks that specialize in small business loans and know how to work with entrepreneurs. Bank Of The West is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Mesa, Arizona starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Bank Of The West. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
MESA, AZ 85251

SBA Loan Lender

BANK OF THE WEST
1400 RIVER PARK DR, STE 200,
SACRAMENTO, CA 95815

This SBA bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending history and are well trained in SBA lending rules and regulations.

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

5/8/2003

Loan Approval Gross Amount

$1,126,000

Loan Approval from the SBA

Of the total $1,126,000 loan amount, the SBA guaranteed $844,500.

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 71 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours 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.

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