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Caring Hands Veterinary Hospital

Billings, MT · Veterinary Services · NAICS 541940

Caring Hands Veterinary Hospital is a veterinary services business in Billings, Montana, classified under NAICS 541940. The company financed real estate or equipment through an SBA 504 loan of $1,842,000, approved on April 7, 2025, with Western Security Bank as the lender and Big Sky Economic Development Corporation as the certified development company.

SBA 504 loan, approved Apr 7, 2025

$1,842,000 SBA portionCDC: Big Sky Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,842,000
Bank portion
$2,245,837
Estimated project size
$4,542,041 (estimated)
Estimated owner equity
$454,204 (estimated, about 10% of the project)
Bank lender
Western Security Bank, Kalispell, MT
CDC
Big Sky Economic Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
April 7, 2050 (estimated, approval date plus term)
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
541940, Veterinary Services
Project location
Yellowstone County, MT
SBA district office
Montana District Office
Congressional district
MT-0
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 50% of expansion loans in Veterinary Services on this site.
  • Average expansion loan in Veterinary Services: $2,202,156.
  • Average expansion loan in Montana: $1,629,190.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Montana