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April 29, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Hinesville, Business Loans > The Heritage Bank Hinesville Business Loans > Offices And Clinics Of Doctors Of Medicine Loan | ||||
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Requirements for Business Owners On Getting a Loan
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Where to Get Capital for PhysiciansLooking for small business loans for physicians? Talk to a banker who works with the SBA. This $40,695 physicians loan was issued by a Georgia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Richmond Hill, Georgia was able to borrow $40,695 from The Heritage Bank. The SBA made the loan possible by guaranteeing $34,590 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE SBA Loan Lender THE HERITAGE BANK This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8011 - Offices and Clinics of Doctors of Medicine NAICS Code 621111 - Physicians Loan Approval Date 2/7/2001 Loan Approval Gross Amount $40,695 Loan Approval from the SBA Of the total $40,695 loan amount, the SBA guaranteed $34,590. 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 15 employees. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. 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 for Small Business in Hinesville, Georgia
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