Get an SBA Loan for Pet and Pet Supplies Stores
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 $115,000 was given to a Missouri entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in St Joseph, Missouri was able to borrow $115,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $86,250 of this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: RETAIL STORES
ST JOSEPH, MO 64506
SBA Loan Lender
COMMERCE BANK
E 36TH & FREDERICK ST
SAINT JOSEPH, MO 64501
This lender issued this particular commercial 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
5999 - Retail Stores
NAICS Code
453910 - Pet and Pet Supplies Stores
Loan Approval Date
10/11/2000
Loan Approval Gross Amount
$115,000
Loan Approval from the SBA
Of the total $115,000 loan amount, the SBA guaranteed $86,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 2 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
VC Firms on Twitter
Best Banks in Saint Joseph, Missouri
Missouri SBA Bank Lenders