Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Advice for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Veterinary Services

Looking for small business loans for veterinary services? Try the SBA. This $1,735,000 veterinary services loan was issued by a North Carolina bank.

Getting a small business loan in Redwood City, California was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Branch Bank & Trust, operating out of Winston Salem, North Carolina. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
Redwood City, CA 94061

SBA Loan Lender

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

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

541940 - Veterinary Services

Loan Approval Date

11/13/2006

Loan Approval Gross Amount

$1,735,000

Loan Approval from the SBA

Of the total $1,735,000 loan amount, the SBA guaranteed $867,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 11 existing jobs.

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

If you have been wondering how do i get money to start a business in Redwood City CA, you ought to talk with a local Redwood City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Redwood City businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Branch Bank & Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Angel Investors

Banks in Winston Salem, North Carolina

SBA North Carolina Lenders