Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

West Greenwich, Rhode Island Bank Loan

 

 
Loan Census SBA Loan Info

Rhode Island Small Business Loan Issued to Veterinary Services For Animal Specialties Company

Would a Rhode Island SBA loan help your business get to the next level? If so, you may want to talk with this Massachusetts bank, which offers SBA loans to Rhode Island entrepreneurs.

You can learn something about getting a small business loan in West Greenwich, Rhode Island by studying this loan to a local business, made back in 2000. Banks like Bristol County Savings Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
WEST GREENWICH, RI 02817

SBA Loan Lender

BRISTOL COUNTY SAVINGS BANK
130 PLEASANT ST RTE 123
ATTLEBORO, MA 02703

This lender issued this commercial loan under the SBA 7A lending 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.

SIC Code

0742 - Veterinary Services for Animal Specialties

NAICS Code

541940 - Veterinary Services

Loan Approval Date

12/28/2000

Loan Approval Gross Amount

$462,400

Loan Approval from the SBA

Of the total $462,400 loan amount, the SBA guaranteed $346,800.

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 12 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

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

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Advice on Getting a Small Business Loan

Best Banks for Small Business in Attleboro, Massachusetts

Getting a Business Loan in Massachusetts