Livingston, New Jersey Bank Gives SBA Loan to Lakeway Veterinary Clinic P C
Get small business loans from a Livingston, New Jersey bank that knows how to treat small business owners right! If Lakeway Veterinary Clinic P C can get a loan, there's no reason you can't do it too.
Cit Small Business Lending Corp is a Livingston, New Jersey small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Lakeway Veterinary Clinic P C a Texas company.
SBA Loan Borrower
LAKEWAY VETERINARY CLINIC P C
1003 RR 620 S
AUSTIN, TX 78734
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
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
8/2/2004
Loan Approval Gross Amount
$361,000
Loan Approval from the SBA
Of the total $361,000 loan amount, the SBA guaranteed $270,750.
More Information on This SBA Loan
The borrower, Lakeway Veterinary Clinic P C, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you want money for new small business in Austin TX, you ought to talk with a local Austin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Austin 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 Lakeway Veterinary Clinic P C walked into Cit Small Business Lending Corp and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Accountant's Role in Securing Financing
Best Banks in Livingston, New Jersey
New Jersey SBA 7A Lenders
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.