Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Port Royal, South Carolina Bank Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Child Day Care Services

Looking for SBA loans for child day care services? Try the SBA. This $531,300 child day care services loan was issued by a Florida bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First National Bank - Nassau Cnty, out of Fernandina Beach, Florida. The loan was granted and they received $531,300 to help grow their Port Royal, South Carolina business.

SBA Loan Borrower

COMPANY TYPE: CHILD DAY CARE SERVICES
PORT ROYAL, SC 29935

SBA Loan Lender

FIRST NATIONAL BANK - NASSAU CNTY
1891 S 14TH ST
FERNANDINA BEACH, FL 32034

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

12/29/2004

Loan Approval Gross Amount

$531,300

Loan Approval from the SBA

Of the total $531,300 loan amount, the SBA guaranteed $398,475.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Nassau Cnty so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Role of Business Plan When Raising Money

SBA Approved Banks in Fernandina Beach, Florida

Florida SBA 7A Banks