Colonial Bank SBA Loan to Veterinary Services For Animal Specialties Company

An SBA loan from Colonial Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lehigh Acres, Florida business owner got a $444,000 loan.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Colonial Bank, out of Fort Myers, Florida. The loan was granted and they received $444,000 to help grow their Lehigh Acres, Florida business.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
LEHIGH ACRES, FL 33971

SBA Loan Lender

COLONIAL BANK
4959 S CLEVELAND AVE
FORT MYERS, FL 33907

This lender issued this SBA bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 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.

SIC Code

0742 - Veterinary Services for Animal Specialties

NAICS Code

541940 - Veterinary Services

Loan Approval Date

5/1/2003

Loan Approval Gross Amount

$444,000

Loan Approval from the SBA

Of the total $444,000 loan amount, the SBA guaranteed $333,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Lehigh Acres or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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