Pet and Pet Supplies Stores SBA Loans

With these SBA loans for pet and pet supplies stores, the SBA guarantees the lender that the loan will be repaid. This pet and pet supplies stores loan for $83,700 was given to a Florida entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fernandina Beach, Florida was able to borrow $83,700 from First Coast Community Bank. The SBA made the loan possible by guaranteeing $71,145 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: PET AND PET SUPPLIES STORES
FERNANDINA BEACH, FL 32034

SBA Loan Lender

FIRST COAST COMMUNITY BANK
1750 S 14TH ST
FERNANDINA BEACH, FL 32034

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453910 - Pet and Pet Supplies Stores

Loan Approval Date

6/8/2004

Loan Approval Gross Amount

$83,700

Loan Approval from the SBA

Of the total $83,700 loan amount, the SBA guaranteed $71,145.

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 only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $83,700 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

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SBA Participating Banks in Fernandina Beach, Florida

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