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May 5, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Pet Care Services Loan | ||||
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Best Banks for Sedalia, Colorado Small Business Owners
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Raising Money for Pet Care ServicesWith these bank loans for pet care services, the SBA guarantees the lender that the loan will be repaid. This pet care services loan for $710,000 was given to a Colorado entrepreneur in 2001. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sedalia, Colorado was able to borrow $710,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $532,500 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: PET CARE SERVICES SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812910 - Pet Care Services Loan Approval Date 3/16/2001 Loan Approval Gross Amount $710,000 Loan Approval from the SBA Of the total $710,000 loan amount, the SBA guaranteed $532,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: SBA 7A Banks for Livingston, New Jersey Loans Where to Get an SBA Loan New Jersey
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