Loan Census Banking News and Information
December 19, 2024  
 
 
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Good Banks for Lakewood (township Of) Small Businesses

 

 
Loan Census SBA Loan Info

Veterinary Services Small Business Loans

Looking for small business loans for veterinary services? Try the SBA. This $750,000 veterinary services loan was issued by a New Jersey bank.

This company knew how to go about getting a business bank loan. Based in Lakewood (township Of), New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Skylands Community Bank, based in Somerville, New Jersey.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
LAKEWOOD (TOWNSHIP OF), NJ 08701

SBA Loan Lender

SKYLANDS COMMUNITY BANK
50 W END AVE
SOMERVILLE, NJ 08876

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

7/23/2003

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Skylands Community 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.

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Find an SBA Lender in Somerville, New Jersey

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