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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Burbank, Business Loans > Citizens Business Bank Burbank Business Loans > Health Practitioner Office Or Clinic Loan | ||||
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Getting SBA Loans from Citizens Business Bank
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Business Loan from Citizens Business Bank Given to Health Practitioner Office Or Clinic CompanyCitizens Business Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one California entrepreneur who tapped into the power of SBA loans. This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Citizens Business Bank, out of Burbank, California. The loan was granted and they received $471,000 to help grow their Encinitas, California business. SBA Loan Borrower COMPANY TYPE: HEALTH PRACTITIONER OFFICE OR CLINIC SBA Loan Lender CITIZENS BUSINESS BANK At the time this loan was granted, this lending institution participated in the SBA's Certified Lenders Program (CLP). This program aims to give speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8049 - Health Practitioner Office or Clinic Loan Approval Date 2/24/2000 Loan Approval Gross Amount $471,000 Loan Approval from the SBA Of the total $471,000 loan amount, the SBA guaranteed $353,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Best Banks in Burbank, California
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