Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Business Loans for Tewksbury Small Business Owners

 

 
Loan Census SBA Loan Info

Borrowing Money for Veterinary Services

Looking for small business loans for veterinary services? An SBA loan may be just what you've been looking for. This $640,400 veterinary services loan was issued by a California bank.

Getting a small business loan in Tewksbury, Massachusetts was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Greater Bay Bank, operating out of Palo Alto, California. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
TEWKSBURY, MA 01876

SBA Loan Lender

GREATER BAY BANK
420 COWPER ST
PALO ALTO, CA 94301

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

10/29/2007

Loan Approval Gross Amount

$640,400

Loan Approval from the SBA

Of the total $640,400 loan amount, the SBA guaranteed $480,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs.

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.

We can help you find the best banks for small businesses in Tewksbury or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Banking Deregulation's Effects on Entrepreneurship

SBA Banks in Palo Alto, California

SBA Lenders in California