Veterinary Services Commercial Loans
Looking for commercial loans for veterinary services? Try the SBA. This $274,500 veterinary services loan was issued by a California bank.
This business knew how to go about getting a business bank loan. Based in Coram, New York, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Wachovia Sba Lending, Inc., based in Roseville, California.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES
CORAM, NY 11727
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This SBA 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
10/3/2003
Loan Approval Gross Amount
$274,500
Loan Approval from the SBA
Of the total $274,500 loan amount, the SBA guaranteed $205,875.
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 6 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Obtaining Funding - Getting Venture Capital
SBA Banks in Roseville, California
Find an SBA Lender in California