Loans for Pet Care Services
With these loans for pet care services, the SBA guarantees the lender that the loan will be repaid. This pet care services loan for $554,000 was given to a Maryland entrepreneur in 2001.
This company knew how to go about getting a business bank loan. Based in Millersville, Maryland, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bankannapolis, based in Annapolis, Maryland.
SBA Loan Borrower
COMPANY TYPE: PET CARE SERVICES
MILLERSVILLE, MD 21108
SBA Loan Lender
BANKANNAPOLIS
1000 BESTGATE RD, STE 400
ANNAPOLIS, MD 21401
This commercial 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
812910 - Pet Care Services
Loan Approval Date
6/29/2001
Loan Approval Gross Amount
$554,000
Loan Approval from the SBA
Of the total $554,000 loan amount, the SBA guaranteed $415,500.
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 5 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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:
Direct Public Offerings
SBA 7A Banks in Annapolis, Maryland
Maryland SBA 7A Lenders