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December 22, 2024  
 
 
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Small Business Banks in Virginia

 

 
Loan Census SBA Loan Info

Raising Money for Veterinary Services

With these bank loans for veterinary services, the SBA guarantees the lender that the loan will be repaid. This veterinary services loan for $1,756,000 was given to a Virginia entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fredericksburg, Virginia was able to borrow $1,756,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $1,317,000 of this Virginia small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
FREDERICKSBURG, VA 22408

SBA Loan Lender

WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

9/8/2004

Loan Approval Gross Amount

$1,756,000

Loan Approval from the SBA

Of the total $1,756,000 loan amount, the SBA guaranteed $1,317,000.

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 5 employees. This SBA loan request indicated that the loan would help generate 5 new jobs.

Next Steps for Getting an SBA Loan

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

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:

Advice on Getting a Small Business Loan

SBA 7A Banks for Roseville, California Loans

SBA Lenders in California