Pet and Pet Supplies Stores Small Business Loans
With these small business loans for pet and pet supplies stores, the SBA guarantees the lender that the loan will be repaid. This pet and pet supplies stores loan for $25,000 was given to a New York entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Seaford, New York was able to borrow $25,000 from Hsbc Bank Usa. The SBA made the loan possible by guaranteeing $12,500 of this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: PET AND PET SUPPLIES STORES
SEAFORD, NY 11783
SBA Loan Lender
HSBC BANK USA
ONE HSBC CTR
BUFFALO, NY 14203
This business 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
10/13/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $25,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
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