Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Arroyo Grande, California

 

 
Loan Census SBA Loan Info

Financing for Veterinary Services

Looking for loans for veterinary services? Try the SBA. This $1,020,000 veterinary services loan was issued by a North Carolina bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Arroyo Grande, California was able to borrow $1,020,000 from Branch Bank & Trust. The SBA made the loan possible by guaranteeing $765,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
Arroyo Grande, CA 93420

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

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

5/2/2006

Loan Approval Gross Amount

$1,020,000

Loan Approval from the SBA

Of the total $1,020,000 loan amount, the SBA guaranteed $765,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Arroyo Grande CA, you ought to talk with a local Arroyo Grande SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Arroyo Grande businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Branch Bank & Trust and they will explain how you can get an SBA loan for your company.

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 Much Venture Capital Is There?

Small Business Banks in Winston Salem, North Carolina

North Carolina SBA Bank Lenders