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May 7, 2024  
 
 
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Small Business Banks for South Hutchinson Small Business Owners

 

 
Loan Census SBA Loan Info

Veterinary Services Loans

Looking for loans for veterinary services? The SBA may be the answer. This $618,200 veterinary services loan was issued by a Kansas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in South Hutchinson, Kansas was able to borrow $618,200 from The First National Bank. The SBA made the loan possible by guaranteeing $463,650 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
SOUTH HUTCHINSON, KS 67505

SBA Loan Lender

THE FIRST NATIONAL BANK
1 N MAIN ST
HUTCHINSON, KS 67501

This loan for a small business 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

0742 - Veterinary Services for Animal Specialties

NAICS Code

541940 - Veterinary Services

Loan Approval Date

8/21/2001

Loan Approval Gross Amount

$618,200

Loan Approval from the SBA

Of the total $618,200 loan amount, the SBA guaranteed $463,650.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like The First National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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