Physicians Small Business Loans

With these small business loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $481,500 was given to a Washington entrepreneur in 2006.

Getting a small business loan in Issaquah, Washington was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo & Company, operating out of San Francisco, California. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
ISSAQUAH, WA 98075

SBA Loan Lender

WELLS FARGO & COMPANY
45 FREMONT ST, 27TH FL
SAN FRANCISCO, CA 94105

This small business loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA delivers a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

12/1/2006

Loan Approval Gross Amount

$481,500

Loan Approval from the SBA

Of the total $481,500 loan amount, the SBA guaranteed $361,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Attracting Investors

Best Banks in San Francisco, California

SBA California Banks