SBA Loans for Pet and Pet Supplies Stores

With these SBA loans for pet and pet supplies stores, the SBA guarantees the lender that the loan will be repaid. This pet and pet supplies stores loan for $10,000 was given to a Delaware entrepreneur in 2006.

This small business knew how to go about getting a business bank loan. Based in Wilmington, Delaware, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Wilmington Trust Company, based in Wilmington, Delaware.

SBA Loan Borrower

COMPANY TYPE: PET AND PET SUPPLIES STORES
WILMINGTON, DE 19806

SBA Loan Lender

WILMINGTON TRUST COMPANY
1100 N MARKET ST, RODNEY SQ N
WILMINGTON, DE 19890

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

10/13/2006

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Attracting Investors

Banks in Wilmington, Delaware

Delaware SBA Banks