Borrowing Money for Veterinary Services
Looking for bank loans for veterinary services? An SBA loan may be just what you've been looking for. This $890,000 veterinary services loan was issued by a North Carolina bank.
This small firm knew how to go about getting a business bank loan. Based in Temple Terrace, Florida, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Mountain 1st Bank & Trust, based in Hendersonville, North Carolina.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES
TEMPLE TERRACE, FL 33617
SBA Loan Lender
MOUNTAIN 1ST BANK & TRUST
101 JACK ST
HENDERSONVILLE, NC 28792
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541940 - Veterinary Services
Loan Approval Date
9/10/2007
Loan Approval Gross Amount
$890,000
Loan Approval from the SBA
Of the total $890,000 loan amount, the SBA guaranteed $667,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. The loan application indicated that the loan would help generate 1 new job and retain 6 existing jobs.
Next Steps for Getting an SBA Loan
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 Mountain 1st Bank & Trust 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:
Financing Your Business
Where to Get an SBA Loan in Hendersonville, North Carolina
SBA North Carolina Lenders