Pet Care Services Commercial Loans

With these commercial loans for pet care services, the SBA guarantees the lender that the loan will be repaid. This pet care services loan for $105,000 was given to a Maine entrepreneur in 2000.

Getting a small business loan in South Portland, Maine was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Saco & Biddeford Savings Insti, operating out of Saco, Maine. Here are the details on this Maine small business loan.

SBA Loan Borrower

COMPANY TYPE: ANIMAL SPECIALTY SERVICES
SOUTH PORTLAND, ME 04106

SBA Loan Lender

SACO & BIDDEFORD SAVINGS INSTI
252 MAIN ST
SACO, ME 04072

This lender issued this particular 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.

SIC Code

0752 - Animal Specialty Services

NAICS Code

812910 - Pet Care Services

Loan Approval Date

11/8/2000

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $78,750.

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 4 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Saco & Biddeford Savings Insti and they will explain how you can get an SBA loan for your company.

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:

Family and Friend Investors - Your First Financiers

Best Banks for Small Business in Saco, Maine

SBA Maine Banks