Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Newbury Park, California Bank Loan

 

 
Loan Census SBA Loan Info

Veterinary Services Business Loans

Looking for business loans for veterinary services? Talk to a banker who works with the SBA. This $340,000 veterinary services loan was issued by a California bank.

Getting a small business loan in Newbury Park, California was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Gilmore Bank, operating out of Los Angeles, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
NEWBURY PARK, CA 91320

SBA Loan Lender

GILMORE BANK
110 S FAIRFAX AVE
LOS ANGELES, CA 90036

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

4/10/2002

Loan Approval Gross Amount

$340,000

Loan Approval from the SBA

Of the total $340,000 loan amount, the SBA guaranteed $255,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Gilmore Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Gilmore Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Direct Public Offerings

SBA 7A Lenders in Los Angeles, California

California SBA 7A Banks