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May 10, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Belleville, Business Loans > Associated Bank Belleville Business Loans > Veterinary Services For Animal Specialties Loan | ||||
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Associated Bank
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Associated Bank SBA Loan to Veterinary Services For Animal Specialties CompanyAn SBA loan from Associated Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Columbia, Illinois business owner got a $1,140,000 loan. This small firm knew how to go about getting a business bank loan. Based in Columbia, Illinois, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Associated Bank, based in Belleville, Illinois. SBA Loan Borrower COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES SBA Loan Lender ASSOCIATED BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses. 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 1/19/2005 Loan Approval Gross Amount $1,140,000 Loan Approval from the SBA Of the total $1,140,000 loan amount, the SBA guaranteed $855,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Associated Bank and they will explain how you can get an SBA loan for your company. 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: Good Banks for Small Business in Belleville, Illinois
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