Financing for Pet Care Services
With these commercial loans for pet care services, the SBA guarantees the lender that the loan will be repaid. This pet care services loan for $50,000 was given to a Colorado entrepreneur in 2002.
This business knew how to go about getting a business bank loan. Based in Edwards, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Alpine Bank, based in Avon, Colorado.
SBA Loan Borrower
COMPANY TYPE: PET CARE SERVICES
EDWARDS, CO 81632
SBA Loan Lender
10 W BEAVER CREEK BLVD
AVON, CO 81620
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
812910 - Pet Care Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Alpine Bank 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.
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