Pet Care Services Commercial Loans

Looking for commercial loans for pet care services? Talk to a banker who works with the SBA. This $1,308,000 pet care services loan was issued by a Florida bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Davie, Florida was able to borrow $1,308,000 from Colonial Bank. The SBA made the loan possible by guaranteeing $981,000 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
DAVIE, FL 33328

SBA Loan Lender

COLONIAL BANK
1625 N COMMERCE PKWY
WESTON, FL 33326

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

812910 - Pet Care Services

Loan Approval Date

10/10/2001

Loan Approval Gross Amount

$1,308,000

Loan Approval from the SBA

Of the total $1,308,000 loan amount, the SBA guaranteed $981,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Direct Public Offerings

Small Business Banks in Weston, Florida

Getting an SBA Loan in Florida