Raising Money for Veterinary Services
With these business loans for veterinary services, the SBA guarantees the lender that the loan will be repaid. This veterinary services loan for $85,000 was given to an Oklahoma entrepreneur in 2006.
Getting a small business loan in Broken Arrow, Oklahoma was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Triad Bank, operating out of Tulsa, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES
BROKEN ARROW, OK 74011
SBA Loan Lender
TRIAD BANK
7666 E 61ST ST, STE 150
TULSA, OK 74133
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541940 - Veterinary Services
Loan Approval Date
2/28/2006
Loan Approval Gross Amount
$85,000
Loan Approval from the SBA
Of the total $85,000 loan amount, the SBA guaranteed $72,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $85,000. How would you spend $85,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Determining Proper Capital Structure for a Business
Small Business Banks in Tulsa, Oklahoma
Oklahoma SBA 7A Lenders