First Peoples Bank Provides SBA Loan to Buy Aussie Pet Mobile Villa Park Franchise

Borrowing money to buy an Aussie Pet Mobile Villa Park franchise? First Peoples Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy an Aussie Pet Mobile Villa Park franchise? If so, here's a 2002 SBA franchise loan that you should know about. First Peoples Bank was the lender and the entrepreneur was based in Port Saint Lucie, Florida.

SBA Loan Borrower

AUSSIE PET MOBILE TREASURE COA
PORT SAINT LUCIE, FL 34986

SBA Loan Lender

FIRST PEOPLES BANK
1301 SE PORT ST LUCIE BLVD
PORT SAINT LUCIE, FL 34952

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA small business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

NAICS Code

532220 - Formal Wear and Costume Rental

Loan Approval Date

11/22/2002

Loan Approval Gross Amount

$256,000

Loan Approval from the SBA

Of the total $256,000 loan amount, the SBA guaranteed $192,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Aussie Pet Mobile Villa Park franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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:

Microlending as a Small Business Funding Source

Small Business Banks in Port Saint Lucie, Florida

SBA Participating Banks in Florida