Veterinary Services Small Business Loans
With these small business loans for veterinary services, the SBA guarantees the lender that the loan will be repaid. This veterinary services loan for $250,000 was given to a Texas entrepreneur in 2005.
This small firm knew how to go about getting a business bank loan. Based in Spring Branch, Texas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Broadway National Bank, based in San Antonio, Texas.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES
SPRING BRANCH, TX 78247
SBA Loan Lender
BROADWAY NATIONAL BANK
1177 NE LOOP 410
SAN ANTONIO, TX 78209
This debt financing 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
541940 - Veterinary Services
Loan Approval Date
3/14/2005
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Broadway National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Getting a Small Business Loan
Best Banks for Small Business in San Antonio, Texas
Where to Get an SBA Loan Texas