Taos, New Mexico Lender Lends Money to Pet Care Services Company

Get to know Taos, New Mexico banks that specialize in small business loans and know how to work with entrepreneurs. First Community Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Denver, Colorado starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from First Community Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
Denver, CO 80216

SBA Loan Lender

FIRST COMMUNITY BANK
120 W PLAZA
TAOS, NM 87571

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812910 - Pet Care Services

Loan Approval Date

4/30/2007

Loan Approval Gross Amount

$102,700

Loan Approval from the SBA

Of the total $102,700 loan amount, the SBA guaranteed $87,295.

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 17 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 20 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Accountant's Role in Securing Financing

Small Bank Loans in Taos, New Mexico

SBA Participating Banks in New Mexico