Getting an SBA Loan for Veterinary Services

Looking for commercial loans for veterinary services? Try the SBA. This $26,065 veterinary services loan was issued by a New Mexico bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First New Mexico Bank Las Cruces, out of Las Cruces, New Mexico. The loan was granted and they received $26,065 to help grow their Las Cruces, New Mexico business.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
LAS CRUCES, NM 88001

SBA Loan Lender

FIRST NEW MEXICO BANK LAS CRUCES
3000 E LOHMAN AVE
LAS CRUCES, NM 88011

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

6/21/2002

Loan Approval Gross Amount

$26,065

Loan Approval from the SBA

Of the total $26,065 loan amount, the SBA guaranteed $19,549.

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. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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 First New Mexico Bank Las Cruces 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:

Business Incubators

SBA Participating Banks in Las Cruces, New Mexico

SBA New Mexico Lenders