b'Caring Hands Veterinary Hospital Hunter Bay I MPACTP W E R E D B Y C OOCompany Location: Billings, MT Company Location: Founding Year: 40+ years Lolo, MT / Denver, COADVISING Caring Hands Veterinary Hospital is an AAHA-Accredited veterinary practice offeringFounding Year:2012& LENDING a full suite of preventive and general animal care, including emergency services,Hunter Bay is a locally owned, wholesale coffee roasting breeding services, surgery, pharmacy and boarding for dogs, cats and birds. business with headquarters in Lolo, MT. They also haveL L A B O R A T I O Nretail locations in Missoula and Denver. STO RYServices Overview:SBA 504 financing in partnership with Western Security Bank, assisting theServices Overview:borrower with the purchase of commercial real estate, renovations and equipmentWorking with Big Sky Finance, in partnership with First financing for their business expansion into a new, larger facility. The SBA 504 loanSecurity Bank of Missoula, borrower utilized the SBA program provided this growing, Woman-Owned business, with minimal down504 loan program for the purchase of commercial payment and a below market, fixed rate note on 40% of their project financing. real estate and equipment for their expansion into the Working with Big Sky Finance, the borrower purchased a previously vacantDenver, CO, market. The 504 loan program provided building and renovated it into a state-of-the-art veterinary facility. Hunter Bay with 10% equity injection and below market, fixed rate financing. The lower down payment allows for the preservation of cash for continued operations as the business grows. In the summer of 2019, after purchasing Caring Hands that January, it was alreadybecoming clear that something had to give. We simply did not have the space to respondto all the folks and their pets coming though our door. Buying land and building newseemed cost prohibitive. Instead, we found an existing structure vacant just blocks away.But about the time we were ready to make a move COVID-19 hit and we actually had toclose our doors for eight weeks. By the time we were back on our feet construction costs hadsky-rocketed making relocation impossible. But we never lost hope. Our staff worked hard,and doubled in size, we secured an architect who was willing to listen and able to convertour dreams into a floor plan, and with the help and guidance of Kris Eklund at WesternSecurity Bank we were introduced to Big Sky Financialour wildest dreams andaspirations coming to fruition in a little over six months.Its still scary. And there are days we ask ourselves, How did we pull this off?Becausewe had TREMENDOUS HELP from people who knew business, who knew how to help usbelieve in ourselves, and how to get this thing done. Amber and I, and our whole staff,cannot thank you enough! Our clients cant thank you enough! Our lives and how we PROGRAM IMPACTpractice medicine have been enriched by you to the nth degree. Together we did this.Thank you! 6 SBA 504 Loans Funded for $4,658,000 DR. JAMES D.7 SSBCI-2.0 Loans Approved for $1,474,450HERRON, PH.D. 6 RLF Loans Approved for $1,0070,500Total Capital Investment: $16,563,223166 Jobs to be created and/or retainedServing the stateof MontanaANNUAL REPORT2024 6'