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December 23, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Pet And Pet Supplies Stores Loan | ||||
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Best Banks for Mentor Businesses
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SBA Loans for Pet and Pet Supplies StoresLooking for SBA loans for pet and pet supplies stores? Talk to a banker who works with the SBA. This $970,000 pet and pet supplies stores loan was issued by a Connecticut bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mentor, Ohio was able to borrow $970,000 from Business Lenders, LLC. The SBA made the loan possible by guaranteeing $727,500 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: PET AND PET SUPPLIES STORES SBA Loan Lender BUSINESS LENDERS, LLC This lender provides SBA commercial 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 453910 - Pet and Pet Supplies Stores Loan Approval Date 7/9/2007 Loan Approval Gross Amount $970,000 Loan Approval from the SBA Of the total $970,000 loan amount, the SBA guaranteed $727,500. 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 30 employees. The SBA loan documents indicated that the loan would help generate 28 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Where to Get an SBA Loan in Hartford, Connecticut
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