Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Lindale, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Loans for Veterinary Services

Looking for loans for veterinary services? Try the SBA. This $51,000 veterinary services loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Lindale State Bank, out of Lindale, Texas. The loan was granted and they received $51,000 to help grow their Lindale, Texas business.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
LINDALE, TX 75704

SBA Loan Lender

LINDALE STATE BANK
101 S MAIN ST
LINDALE, TX 75771

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

7/23/2002

Loan Approval Gross Amount

$51,000

Loan Approval from the SBA

Of the total $51,000 loan amount, the SBA guaranteed $43,350.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Startup Funding Tip

SBA Participating Banks in Lindale, Texas

Find an SBA Lender in Texas