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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Palo Alto, Business Loans > Greater Bay Bank Palo Alto Business Loans > Veterinary Services Loan | ||||
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Getting a Small Business Loan from Greater Bay Bank
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SBA Loan from Greater Bay Bank Helps Veterinary Services CompanyAn SBA loan from Greater Bay Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Port Neches, Texas business owner got a $1,661,300 loan. This growing company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Greater Bay Bank, out of Palo Alto, California. The loan was granted and they received $1,661,300 to help grow their Port Neches, Texas business. SBA Loan Borrower COMPANY TYPE: VETERINARY SERVICES SBA Loan Lender GREATER BAY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541940 - Veterinary Services Loan Approval Date 11/14/2006 Loan Approval Gross Amount $1,661,300 Loan Approval from the SBA Of the total $1,661,300 loan amount, the SBA guaranteed $1,245,975. 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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Where to Get an SBA Loan in Palo Alto, California
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