Getting an SBA Loan for Veterinary Services

With these commercial loans for veterinary services, the SBA guarantees the lender that the loan will be repaid. This veterinary services loan for $1,650,000 was given to a California entrepreneur in 2008.

Getting a small business loan in Lancaster, California was important for this business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Mountain 1st Bank & Trust, operating out of Hendersonville, North Carolina. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
Lancaster, CA 93534

SBA Loan Lender

MOUNTAIN 1ST BANK & TRUST
101 JACK ST
HENDERSONVILLE, NC 28792

This lender provides SBA business 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

541940 - Veterinary Services

Loan Approval Date

1/15/2008

Loan Approval Gross Amount

$1,650,000

Loan Approval from the SBA

Of the total $1,650,000 loan amount, the SBA guaranteed $1,237,500.

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 no employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Alternative Financing

SBA Participating Banks in Hendersonville, North Carolina

SBA Lenders in North Carolina