Kim I. Barlowe, DVM
Kim I. Barlowe, DVM, is a veterinary services business in Huntington, New York, classified under NAICS code 541940. The business was financed with an SBA 7(a) loan for a change of ownership of $1,900,800, through Banc of California, with approval dated September 26, 2024.
SBA 7(a) loan, change of ownership, approved Sep 26, 2024
$1,900,800 approvedLender: Banc of California10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,900,800
- SBA-guaranteed amount
- $1,425,600 (75% of the approval)
- Lender
- Banc of California, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 26, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $25,383 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 39
- Business type
- Corporation
- NAICS
- 541940, Veterinary Services
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 60% of acquisition loans in Veterinary Services on this site.
- Average acquisition loan in Veterinary Services: $1,742,169.
- Average acquisition loan in New York: $1,771,512.
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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