Business Loans for Veterinary Services

Looking for business loans for veterinary services? The SBA may be the answer. This $147,873 veterinary services loan was issued by a Mississippi bank.

This small business knew how to go about getting a business bank loan. Based in Byram, Mississippi, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was First Commercial Bank, based in Jackson, Mississippi.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
BYRAM, MS 39272

SBA Loan Lender

FIRST COMMERCIAL BANK
1300 MEADOW BROOK RD
JACKSON, MS 39211

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

6/17/2005

Loan Approval Gross Amount

$147,873

Loan Approval from the SBA

Of the total $147,873 loan amount, the SBA guaranteed $125,692.

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 4 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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 $147,873 loan. Remember, you control your own destiny.

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:

How to Raise Money

Where to Get an SBA Loan in Jackson, Mississippi

Mississippi SBA 7A Banks