MBFC VetLoan Advantage Rebate to Pampered Pets, LLC

Minnesota Business Finance Corporation (MBFC) recently presented a VetLoan Advantage Rebate to Pampered Pets, LLC. Kammermeier presented the check, along with commercial lender -Matt Castle, Senior Lender of Randall State Bank, to Tom and Shelly Hice, Owners of Pampered Pets, LLC in Baxter, MN.

MBFC is the only Certified Development Company to award borrowers with military service a rebate of up to $3,000 upon funding of their SBA 504 loan.

(Pictured: Matt Castle, Senior Lender of Randall State Bank, Shelly Hice and Tom Hice, Owners of Pampered Pets, and Joe Kammermeier, Vice President Business Development Officer of MBFC)

Pampered Pets, LLC utilized financing through Randall State Bank, and a SBA 504 loan through MBFC, to purchase and renovate a commercial property into a pet boarding business. They now have 2 locations: one with boarding and doggy daycare, and one with pet grooming/pet wash services. Shelly and Tom have operated the business since 2014, and have expanded the two businesses in the Brainerd and Baxter, MN area.

Tom Hice’s military service was as a Data Systems Technician in the Navy from 1990 to 1996. Hice was stationed at combat systems technical schools command in Point Loma, California for the first two years. He then served on the CV-64 U.S.S. Constellation for 4 years, which included one tour to the Persian Gulf during the Gulf War.

MBFC thanks Tom for his service. To learn more about MBFC’s VetLoan Advantage Rebate, or our other economic development opportunities, please contact your MBFC Business Development Officer today.

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