Financing for Pet Care Services
Looking for commercial loans for pet care services? An SBA loan may be just what you've been looking for. This $85,000 pet care services loan was issued by a Montana bank.
This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Stockman Bank Of Montana, out of Sidney, Montana. The loan was granted and they received $85,000 to help grow their Sidney, Montana business.
SBA Loan Borrower
COMPANY TYPE: PET CARE SERVICES
SIDNEY, MT 59270
SBA Loan Lender
STOCKMAN BANK OF MONTANA
101 S CENTRAL AVE
SIDNEY, MT 59270
This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812910 - Pet Care Services
Loan Approval Date
10/19/2001
Loan Approval Gross Amount
$85,000
Loan Approval from the SBA
Of the total $85,000 loan amount, the SBA guaranteed $72,250.
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 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 Stockman Bank Of Montana 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:
Debt Financing
Good Banks for Small Business in Sidney, Montana
Getting a Business Loan in Montana