Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

We Needed a Commercial Loan in Amherst, New York and We Got One!

 

 
Loan Census SBA Loan Info

Pet Care Services Loans

With these loans for pet care services, the SBA guarantees the lender that the loan will be repaid. This pet care services loan for $189,200 was given to a New York entrepreneur in 2005.

This company knew how to go about getting a business bank loan. Based in Amherst, New York, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was First Niagara Bank, based in Buffalo, New York.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
AMHERST, NY 14226

SBA Loan Lender

FIRST NIAGARA BANK
2421 MAIN ST
BUFFALO, NY 14214

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812910 - Pet Care Services

Loan Approval Date

11/18/2005

Loan Approval Gross Amount

$189,200

Loan Approval from the SBA

Of the total $189,200 loan amount, the SBA guaranteed $141,900.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $189,200 loan. Remember, if it to be, it is up to me!

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.

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