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December 19, 2024  
 
 
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Raising Money in Troy, New York With SBA Loans

 

 
Loan Census SBA Loan Info

Pet and Pet Supplies Stores Commercial Loans

Looking for commercial loans for pet and pet supplies stores? Talk to a banker who works with the SBA. This $40,000 pet and pet supplies stores loan was issued by an Ohio bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Keybank National Association, out of Cleveland, Ohio. The loan was granted and they received $40,000 to help grow their Troy, New York business.

SBA Loan Borrower

COMPANY TYPE: PET AND PET SUPPLIES STORES
TROY, NY 12180

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

453910 - Pet and Pet Supplies Stores

Loan Approval Date

9/17/2003

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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