Am Daycare Corp Gets a Florida Small Business Loan
Business loans in Florida are tough to come by these days. We take a look at one Florida business loan, provided by a California bank, that was approved by the SBA.
You can learn something about getting a small business loan in Miami, Florida by studying this loan to Am Daycare Corp, made back in 2004. Banks like Innovative Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
AM DAYCARE CORP
4000 NW 2ND AVE
MIAMI, FL 33127
SBA Loan Lender
INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 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
4/21/2004
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $4,250.
More Information on This SBA Loan
The borrower, Am Daycare Corp, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 9 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Innovative Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
A Company That Helps Entrepreneurs
SBA 7A Lenders in Oakland, California
Getting an SBA Loan in California
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