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December 4, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Golden, Business Loans > Cit Small Business Lending Corp Golden Business Loans > Veterinary Services For Animal Specialties Loan | ||||
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Banks Doing SBA Loans in Colorado
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Golden, Colorado Bank Lends Money to Veterinary Services For Animal Specialties Company in Terrell, TexasA Golden, Colorado small business loan can be yours. Learn how one firm got a $565,000 business loan from this Colorado bank. This loan to a local firm is a good example of an SBA loan. Cit Small Business Lending Corp made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This SBA small business loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0742 - Veterinary Services for Animal Specialties NAICS Code 541940 - Veterinary Services Loan Approval Date 3/21/2003 Loan Approval Gross Amount $565,000 Loan Approval from the SBA Of the total $565,000 loan amount, the SBA guaranteed $423,750. 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 5 employees. The SBA loan documents did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Cit Small Business Lending Corp that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Banking Deregulation's Effects on Entrepreneurship SBA Approved Banks in Golden, Colorado Getting an SBA Loan in Colorado
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