Get an SBA Loan for Pet Care Services
With these small business loans for pet care services, the SBA guarantees the lender that the loan will be repaid. This pet care services loan for $10,000 was given to an Utah entrepreneur in 2008.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Erda, Utah was able to borrow $10,000 from Mountain America Fcu. The SBA made the loan possible by guaranteeing $5,000 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: PET CARE SERVICES
Erda, UT 84074
SBA Loan Lender
MOUNTAIN AMERICA FCU
7181 S CAMPUS VIEW DR
WEST JORDAN, UT 84084
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
812910 - Pet Care Services
Loan Approval Date
2/7/2008
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start business in Erda UT, you ought to talk with a local Erda SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Erda businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Mountain America Fcu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Borrowing Money from Friends and Family
SBA 7A Lenders in West Jordan, Utah
SBA Participating Banks in Utah