Financing for Pet and Pet Supplies Stores

Looking for commercial loans for pet and pet supplies stores? The SBA may be the answer. This $130,400 pet and pet supplies stores loan was issued by a Massachusetts bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Middlesex Savings Bank, out of Natick, Massachusetts. The loan was granted and they received $130,400 to help grow their Reading (town Of), Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: PET AND PET SUPPLIES STORES
READING (TOWN OF), MA 01867

SBA Loan Lender

MIDDLESEX SAVINGS BANK
6 MAIN ST
NATICK, MA 01760

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

453910 - Pet and Pet Supplies Stores

Loan Approval Date

8/16/2006

Loan Approval Gross Amount

$130,400

Loan Approval from the SBA

Of the total $130,400 loan amount, the SBA guaranteed $65,200.

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 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.

Next Steps for Getting an SBA Loan

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $130,400 loan. Remember, things become real when you believe you can achieve them!

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:

Small Business Credit Cards

Where to Get an SBA Loan in Natick, Massachusetts

SBA Lenders in Massachusetts