Roseville, California Bank Lends Money to Veterinary Services Company in Kailua Kona (census Name Kailu, Hawaii

Want to talk with a Roseville, California bank about a small business loan? Here's one Hawaii business loan, issued by a Roseville bank, that was approved by the SBA.

Applying for an SBA loan with Wachovia Sba Lending, Inc. worked out well for our friends at one local business in Kailua Kona (census Name Kailu, Hawaii. They got an SBA loan for $1,966,900. Sweet!

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
KAILUA KONA (CENSUS NAME KAILU, HI 96740

SBA Loan Lender

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

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

6/26/2007

Loan Approval Gross Amount

$1,966,900

Loan Approval from the SBA

Of the total $1,966,900 loan amount, the SBA guaranteed $1,475,175.

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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing 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.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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.

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