Getting an SBA Loan for Veterinary Services

Looking for commercial loans for veterinary services? The SBA may be the answer. This $212,500 veterinary services loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Pleasanton, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Cupertino National Bank A Division, based in Cupertino, California.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
PLEASANTON, CA 94523

SBA Loan Lender

CUPERTINO NATIONAL BANK A DIVISION
20230 STEVENS CREEK BLVD
CUPERTINO, CA 95014

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

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

$212,500

Loan Approval from the SBA

Of the total $212,500 loan amount, the SBA guaranteed $159,375.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Cupertino National Bank A Division and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Bank Credit Lines

SBA Banks in Cupertino, California

California SBA Bank Lenders