Borrowing Money for Veterinary Services

Looking for loans for veterinary services? An SBA loan may be just what you've been looking for. This $22,952 veterinary services loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gibsonia, Pennsylvania was able to borrow $22,952 from Dollar Bank A Fed. Savings Bk. The SBA made the loan possible by guaranteeing $19,509 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
GIBSONIA, PA 15044

SBA Loan Lender

DOLLAR BANK A FED. SAVINGS BK
THREE GATEWAY CTR-1 EAST
PITTSBURGH, PA 15222

This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

1/6/2005

Loan Approval Gross Amount

$22,952

Loan Approval from the SBA

Of the total $22,952 loan amount, the SBA guaranteed $19,509.

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 9 employees. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need business start up money in Gibsonia PA, you ought to talk with a local Gibsonia SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gibsonia businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Dollar Bank A Fed. Savings Bk and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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