Loan Census Banking News and Information
April 26, 2024  
 
 
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Business Loans for Palm Desert Entrepreneurs

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Veterinary Services

Looking for SBA loans for veterinary services? Talk to a banker who works with the SBA. This $2,000,000 veterinary services loan was issued by a North Carolina bank.

This business knew how to go about getting a business bank loan. Based in Palm Desert, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Mountain 1st Bank & Trust, based in Hendersonville, North Carolina.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
Palm Desert, CA 92260

SBA Loan Lender

MOUNTAIN 1ST BANK & TRUST
101 JACK ST
HENDERSONVILLE, NC 28792

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

12/11/2007

Loan Approval Gross Amount

$2,000,000

Loan Approval from the SBA

Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000.

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 SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $2,000,000 loan. Remember, fight for what you want, and it will be yours!

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:

How to Raise Money

Banks in Hendersonville, North Carolina

Where to Get an SBA Loan North Carolina