Financing for Support Activities for Animal Production

Looking for commercial loans for support activities for animal production? Try the SBA. This $100,000 support activities for animal production loan was issued by a Kentucky bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with South Cent. Bank - Daviess Count, out of Owensboro, Kentucky. The loan was granted and they received $100,000 to help grow their Owensboro, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: ANIMAL SPECIALTY SERVICES
OWENSBORO, KY 42301

SBA Loan Lender

SOUTH CENT. BANK - DAVIESS COUNT
300 SOUTHTOWN BLVD
OWENSBORO, KY 42303

This 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.

SIC Code

0752 - Animal Specialty Services

NAICS Code

115210 - Support Activities for Animal Production

Loan Approval Date

3/27/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 5 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels 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.

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 South Cent. Bank - Daviess Count 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.

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Small Bank Loans in Owensboro, Kentucky

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