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April 19, 2024  
 
 
  Business Loan Information  
 

Magnolia, Texas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Pet Care Services

Looking for loans for pet care services? Try the SBA. This $123,400 pet care services loan was issued by an Alabama bank.

Getting a small business loan in Magnolia, Texas was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Regions Bank, operating out of Montgomery, Alabama. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
MAGNOLIA, TX 77354

SBA Loan Lender

REGIONS BANK
1751 CONGRESSMAN DICKINSON DR
MONTGOMERY, AL 36109

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.

NAICS Code

812910 - Pet Care Services

Loan Approval Date

5/1/2002

Loan Approval Gross Amount

$123,400

Loan Approval from the SBA

Of the total $123,400 loan amount, the SBA guaranteed $104,890.

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 5 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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