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November 22, 2024  
 
 
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Raising Money in Washington, District of Columbia With SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Veterinary Services

Looking for small business loans for veterinary services? The SBA may be the answer. This $250,000 veterinary services loan was issued by a Virginia bank.

This small firm knew how to go about getting a business bank loan. Based in Washington, District of Columbia, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was United Bank, based in Fairfax, Virginia.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
WASHINGTON, DC 20037

SBA Loan Lender

UNITED BANK
11185 FAIRFAX BLVD
FAIRFAX, VA 22030

This lender issued this business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

3/19/2002

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 4 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Washington or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Role of Business Plan When Raising Money

Best Banks in Fairfax, Virginia

SBA Virginia Lenders