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May 9, 2024  
 
 
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SBA Loans for Child Day Care Services

Looking for SBA loans for child day care services? The SBA may be the answer. This $75,000 child day care services loan was issued by a New Hampshire bank.

This business knew how to go about getting a business bank loan. Based in Northfield, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Merrimack County Savings Bank, based in Concord, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
NORTHFIELD, NH 03276

SBA Loan Lender

MERRIMACK COUNTY SAVINGS BANK
89 N MAIN ST
CONCORD, NH 03301

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to to our country's hard-working small business owners.

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

1/31/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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