Wilmington, NC Entrepreneur Gets SBA Loan to Buy Aussie Pet Mobile Villa Park Franchise

Need money to buy an Aussie Pet Mobile Villa Park franchise? Branch Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

Aussie Pet Mobile Villa Park franchise loans are available to Wilmington, North Carolina entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Branch Bank & Trust, based in Wilmington, North Carolina, issued an SBA franchise loan for an Aussie Pet Mobile Villa Park franchise in 2002. We've got all the details on this North Carolina small business loan.

SBA Loan Borrower

ENTERPRISING PAWS, LLC
WILMINGTON, NC 28409

SBA Loan Lender

BRANCH BANK & TRUST
109 MARKET ST
WILMINGTON, NC 28401

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0752 - Animal Specialty Services

NAICS Code

812910 - Pet Care Services

Loan Approval Date

12/18/2002

Loan Approval Gross Amount

$22,118

Loan Approval from the SBA

Of the total $22,118 loan amount, the SBA guaranteed $18,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Aussie Pet Mobile Villa Park franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the money to add employees 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 Branch Bank & Trust 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:

Business Incubators

Best Wilmington, North Carolina Banks for Small Business

Getting an SBA Loan in North Carolina