Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Hamilton Businesses

 

 
Loan Census SBA Loan Info

Pet Care Services Small Business Loans

Looking for small business loans for pet care services? Try the SBA. This $140,000 pet care services loan was issued by a New York bank.

Getting a small business loan in Hamilton, New York was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Alliance Bank, operating out of Hamilton, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: ANIMAL SPECIALTY SERVICES
HAMILTON, NY 13346

SBA Loan Lender

ALLIANCE BANK
ONE MADISON ST
HAMILTON, NY 13346

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

0752 - Animal Specialty Services

NAICS Code

812910 - Pet Care Services

Loan Approval Date

5/1/2001

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 5 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Alliance Bank and they will explain how you can get an SBA loan for your company.

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

Best Banks in Hamilton, New York

Browse All Business Loan Sources for New York