Animal Slaughtering Bank Loans

Looking for bank loans for animal slaughtering? Talk to a banker who works with the SBA. This $36,000 animal slaughtering loan was issued by a New York bank.

This small firm knew how to go about getting a business bank loan. Based in Westmoreland, New York, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was The National Bank Of Vernon, based in Vernon, New York.

SBA Loan Borrower

COMPANY TYPE: ANIMAL SLAUGHTERING
WESTMORELAND, NY 13490

SBA Loan Lender

THE NATIONAL BANK OF VERNON
5238 W SENECA ST
VERNON, NY 13476

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311611 - Animal Slaughtering

Loan Approval Date

9/12/2005

Loan Approval Gross Amount

$36,000

Loan Approval from the SBA

Of the total $36,000 loan amount, the SBA guaranteed $30,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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 National Bank Of Vernon 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.

Related Links:

How to Raise Money

Good Banks for Small Business in Vernon, New York

Getting an SBA Loan in New York