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April 24, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Rafael, Business Loans > Tamalpais Bank San Rafael Business Loans > Physicians Loan | ||||
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Tamalpais Bank Business Loan
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Greenbrae (green Brae), California Business Gets SBA-Guaranteed Funding from Tamalpais BankTamalpais 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. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Greenbrae (green Brae), California was able to borrow $786,000 from Tamalpais Bank. The SBA made the loan possible by guaranteeing $589,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender TAMALPAIS BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 12/16/2005 Loan Approval Gross Amount $786,000 Loan Approval from the SBA Of the total $786,000 loan amount, the SBA guaranteed $589,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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: Good Banks for Small Business in San Rafael, California
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