Pet and Pet Supplies Stores SBA Loans

Looking for SBA loans for pet and pet supplies stores? Try the SBA. This $65,000 pet and pet supplies stores loan was issued by a bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Eurobank, out of Hato Rey, . The loan was granted and they received $65,000 to help grow their Bayamon, business.

SBA Loan Borrower

COMPANY TYPE: RETAIL STORES
BAYAMON, PR 00957

SBA Loan Lender

EUROBANK
270 MUNOZ RIVERA AVE
HATO REY, PR 00919

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5999 - Retail Stores

NAICS Code

453910 - Pet and Pet Supplies Stores

Loan Approval Date

12/28/2000

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $52,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are raising money in Bayamon PR, you ought to talk with a local Bayamon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bayamon 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 this company walked into Eurobank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Getting a Small Business Loan