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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Washington, Business Loans > Loans From Old Closed Lenders Washington Business Loans > Child Day Care Services Loan | ||||
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District of Columbia Bank SBA Loans
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Washington, District of Columbia Bank Lends Money to Child Day Care Services Company in Tustin, CaliforniaFind Washington, District of Columbia banks that specialize in SBA loans and know how to work with entrepreneurs. Loans From Old Closed Lenders is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Tustin, California starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Loans From Old Closed Lenders. 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 SBA Loan Lender LOANS FROM OLD CLOSED LENDERS This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. 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 5/12/2000 Loan Approval Gross Amount $197,600 Loan Approval from the SBA Of the total $197,600 loan amount, the SBA guaranteed $148,200. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 50 employees. The loan application indicated that the loan would help generate 20 new jobs and retain 50 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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. Related Links: A Company That Helps Entrepreneurs SBA Participating Banks in Washington, District of Columbia District of Columbia SBA Bank Lenders
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