Generation Pet
Generation Pet is located in Stevensville, MD, and the SBA lists its industry as Other Grocery and Related Products Merchant Wholesalers. It was approved for an SBA 504 loan ($2,431,000 SBA portion) on January 9, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jan 9, 2024 | $2,431,000 | $2,969,500 | $6,000,556 (estimated) | The Queenstown Bank of Maryland | Business Finance Group, Inc. | 25 years | 25 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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