Small Business Loans for Child Day Care Services

Looking for small business loans for child day care services? Talk to a banker who works with the SBA. This $640,000 child day care services loan was issued by an Oklahoma bank.

All About Kids Early Learning knew how to go about getting a business bank loan. Based in Bixby, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Onb Bank And Trust Company, based in Tulsa, Oklahoma.

SBA Loan Borrower

ALL ABOUT KIDS EARLY LEARNING
13406 SOUTH MEMORIAL DRIVE
BIXBY, OK 74008

SBA Loan Lender

ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137

This lender issued this business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624410 - Child Day Care Services

Loan Approval Date

8/14/2007

Loan Approval Gross Amount

$640,000

Loan Approval from the SBA

Of the total $640,000 loan amount, the SBA guaranteed $480,000.

More Information on This SBA Loan

The borrower, All About Kids Early Learning, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Bixby OK, you ought to talk with a local Bixby SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bixby businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as All About Kids Early Learning walked into Onb Bank And Trust Company and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Equity Financing

Find an SBA Lender in Tulsa, Oklahoma

SBA Lenders in Oklahoma

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