Loans for Veterinary Services

With these loans for veterinary services, the SBA guarantees the lender that the loan will be repaid. This veterinary services loan for $1,173,000 was given to a Michigan entrepreneur in 2003.

Getting a small business loan in Utica, Michigan was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from The Huntington National Bank, operating out of Canton, Ohio. Here are the details on this Michigan small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
UTICA, MI 48317

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
220 MARKET AVE SOUTH, UNITED
CANTON, OH 44702

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

8/12/2003

Loan Approval Gross Amount

$1,173,000

Loan Approval from the SBA

Of the total $1,173,000 loan amount, the SBA guaranteed $879,750.

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 100 employees. The SBA loan documents indicated that the borrowed money would help create 10 new jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Utica MI, you ought to talk with a local Utica SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Utica businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The Huntington National Bank 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:

Obtaining Funding - Getting Venture Capital

SBA Participating Banks in Canton, Ohio

Ohio SBA Bank Lenders