Veterinary Services Loans
With these loans for veterinary services, the SBA guarantees the lender that the loan will be repaid. This veterinary services loan for $147,000 was given to a New York entrepreneur in 2002.
This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with The Bank Of Castile, out of Castile, New York. The loan was granted and they received $147,000 to help grow their Rochester, New York business.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES
ROCHESTER, NY 14624
SBA Loan Lender
THE BANK OF CASTILE
50 N MAIN ST
CASTILE, NY 14427
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541940 - Veterinary Services
Loan Approval Date
3/4/2002
Loan Approval Gross Amount
$147,000
Loan Approval from the SBA
Of the total $147,000 loan amount, the SBA guaranteed $110,250.
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 12 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. The Bank Of Castile had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, The Bank Of Castile made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Business Line of Credit
SBA 7A Banks in Castile, New York
Where to Get an SBA Loan New York