November 2018
Issue 18
Animal Aquatic Therapy
SBA 504 Effective Rates for November 2018
For New Loans Approved After After October 1, 2018:
25-year – 5.37% / 5.42% Refi
20-year – 5.32% / 5.37% Refi
10-year – 5.32% / 5.38% Refi
For New Loans Approved Before October 1, 2018:
25-year – 5.64% / 5.69% Refi
20-year – 5.59% / 5.64% Refi
10-year – 5.59% / 5.65% Refi
Springwater Veterinary Services provides veterinary rehabilitation, chiropractic, and integrative medicine services available in and around the Northern Idaho and Eastern Washington areas. Dr. Porter is the only certified canine rehabilitation and certified equine rehabilitation practitioner in this area.
An SBA loan was needed to fund construction of a new veterinary clinic/rehabilitation facility, including equine and small animal hydrotherapy equipment.
This financing will benefit the business by relocating to a permanent and greatly expanded location to provide more comprehensive services. Before the loan, these services were provided on a mobile basis, which was limiting. The new equipment allows Springwater to begin offering hydrotherapeutic rehab services, which are in high demand but were not currently available within 300 miles of the local
market.
At Springwater, a large portion of the caseload focuses on animal athletes. While most of the patients at Springwater Veterinary Services are horses and dogs, several patients are feline patients also. In addition to keeping athletes in peak performance, extensive rehabilitation services are offered following injury or surgery and assisting geriatric animals to maintain a good quality of life.
Small Business Saturday
November 24, 2018
Please support your local small businesses by shopping small on Small Business Saturday!
If you are a small business, find your FREE marketing materials at https://www.americanexpress.com/us/small-business/shop-small/promote
Business Development Officers
Eastern Washington/
Northern Idaho
Evan Heriot
eheriot@nwbusiness.org
Central Washington
Lisa Vincent
lvincent@nwbusiness.org
Western Washington
Elizabeth Rusnak
erusnak@nwbusiness.org
Elizabeth Stevens
estevens@nwbusiness.org
Mark Beppler
mbeppler@nwbusiness.org
Southwestern Washington/
North Oregon
Jim Bight
jbright@nwbusiness.org
Mike Miller
mmiller@nwbusiness.org
October’s Loan Fundings
NWBDA funded 5 new
projects for the total amount of $12,950,295.81
October’s Loan Approvals
NWBDA approved 5 new
projects for the total amount of $9,817,400.00
In the month of October,
NWBDA helped
create 38 new jobs
in the local communities
info@nwbusiness.org
www.nwbusiness.org
(509) 458-8555
(800) 540-1748 (Toll Free)
Achieving BIG Dreams for SMALL Businesses