Where to Get Capital for Veterinary Services
Looking for small business loans for veterinary services? Talk to a banker who works with the SBA. This $30,000 veterinary services loan was issued by a Colorado bank.
Getting a small business loan in Fort Collins, Colorado was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First National Bank, operating out of Fort Collins, Colorado. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES
FORT COLLINS, CO 80524
SBA Loan Lender
FIRST NATIONAL BANK
205 W OAK ST
FORT COLLINS, CO 80521
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8999 - Services
NAICS Code
541940 - Veterinary Services
Loan Approval Date
11/8/2000
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $24,000.
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 4 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Obtaining Funding From a Venture Capitalist
SBA Participating Banks in Fort Collins, Colorado
Colorado SBA Bank Lenders