Birmingham, Alabama Bank Lends Money to Gamble Tucker Day Care, LLC Dba Child's Da in Austin, Texas

A Birmingham, Alabama SBA loan can be yours. Learn how Gamble Tucker Day Care, LLC Dba Child's Da got a $512,000 business loan from this Alabama bank.

This loan to Gamble Tucker Day Care, LLC Dba Child's Da is a good example of an SBA loan. Compass Bank made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

Gamble Tucker Day Care, LLC dba Child's Da
2525 Wallingwood
Austin, TX 78746

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

2/21/2007

Loan Approval Gross Amount

$512,000

Loan Approval from the SBA

Of the total $512,000 loan amount, the SBA guaranteed $384,000.

More Information on This SBA Loan

The borrower, Gamble Tucker Day Care, LLC Dba Child's Da, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 43 employees. The SBA loan application for the borrower indicated that the loan would help retain 43 existing jobs.

Getting an SBA Loan For Your Business

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to Gamble Tucker Day Care, LLC Dba Child's Da 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 SBA loan database.

Related Links:

Obtaining Funding - Friends and Family

Good Banks for Small Business in Birmingham, Alabama

Alabama SBA 7A Lenders

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