Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Keller, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Pet Care Services

With these bank loans for pet care services, the SBA guarantees the lender that the loan will be repaid. This pet care services loan for $458,200 was given to a Texas entrepreneur in 2006.

This company knew how to go about getting a business bank loan. Based in Keller, Texas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Community Bank, based in Granbury, Texas.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
KELLER, TX 76248

SBA Loan Lender

COMMUNITY BANK
500 S MORGAN ST
GRANBURY, TX 76048

This lender provides SBA bank 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

812910 - Pet Care Services

Loan Approval Date

12/14/2006

Loan Approval Gross Amount

$458,200

Loan Approval from the SBA

Of the total $458,200 loan amount, the SBA guaranteed $343,650.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 1 existing job.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Small Business Loan

Find an SBA Lender in Granbury, Texas

Where to Get an SBA Loan Texas