Hartford, Connecticut Lender Lends Money to Petland Austin
Get SBA loans from a Hartford, Connecticut bank that knows how to treat small business owners right! If Petland Austin can get a loan, there's no reason you can't do it too.
Business Lenders, LLC is a Hartford, Connecticut small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Petland Austin a Texas company.
SBA Loan Borrower
PETLAND AUSTIN
9900 S IH-35
AUSTIN, TX 78748
SBA Loan Lender
BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453910 - Pet and Pet Supplies Stores
Loan Approval Date
11/2/2007
Loan Approval Gross Amount
$829,500
Loan Approval from the SBA
Of the total $829,500 loan amount, the SBA guaranteed $622,125.
More Information on This SBA Loan
The borrower, Petland Austin, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 25 employees. This SBA loan request indicated that the loan would help generate 23 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. If a firm like Petland Austin is able to get a $829,500 loan, why not give getting an SBA loan of your own a try?
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Determining Proper Capital Structure for a Business
Best Banks for Small Business in Hartford, Connecticut
SBA Connecticut Banks
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