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April 29, 2024  
 
 
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Loan Census SBA Loan Info

Davie, FL Entrepreneur Gets SBA Loan to Buy Petland Franchise

Need a loan to invest in a Petland franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

Petland franchise loans are available to Davie, Florida entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ups Capital Business Credit, based in Windsor, Connecticut, issued an SBA franchise loan for a Petland franchise in 2006. We've got all the details on this Florida small business loan.

SBA Loan Borrower

DR. BOB'S MONKEY BUSINESS INC
DAVIE, FL 33325

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453910 - Pet and Pet Supplies Stores

Loan Approval Date

2/10/2006

Loan Approval Gross Amount

$603,000

Loan Approval from the SBA

Of the total $603,000 loan amount, the SBA guaranteed $452,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Petland franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 18 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ups Capital Business Credit are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Petland

Business Line of Credit

Who Lends Money to Small Businesses in Windsor, Connecticut

Connecticut SBA 7A Lenders