Small Business Loans for Veterinary Services

Looking for small business loans for veterinary services? Try the SBA. This $500,000 veterinary services loan was issued by a New York bank.

This small firm knew how to go about getting a business bank loan. Based in Corning, New York, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Community Bank, based in Olean, New York.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
CORNING, NY 14830

SBA Loan Lender

COMMUNITY BANK
201 N UNION ST
OLEAN, NY 14760

This small business 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

4/20/2006

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Community Bank and they will explain how you can get an SBA loan for your company.

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

SBA 7A Banks in Olean, New York

SBA New York Lenders