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April 18, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Fort Myers, Business Loans > First American Bank Fort Myers Business Loans > Child Day Care Services Loan | ||||
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West Des Moines, Iowa Bank Loan
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Child Day Care Services SBA LoansLooking for SBA loans for child day care services? Try the SBA. This $185,000 child day care services loan was issued by a Florida bank. This business knew how to go about getting a business bank loan. Based in West Des Moines, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First American Bank, based in Fort Myers, Florida. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender FIRST AMERICAN BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 624410 - Child Day Care Services Loan Approval Date 12/22/2004 Loan Approval Gross Amount $185,000 Loan Approval from the SBA Of the total $185,000 loan amount, the SBA guaranteed $138,750. 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 23 employees. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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 in Fort Myers, Florida
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