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March 28, 2024  
 
 
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Loan Census SBA Loan Info

Commercial Loans for Optometrists

Looking for commercial loans for optometrists? The SBA may be the answer. This $125,000 optometrists loan was issued by a California bank.

Getting a small business loan in San Diego, California was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Vision One Cu, operating out of Sacramento, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: OPTOMETRISTS
SAN DIEGO, CA 92109

SBA Loan Lender

VISION ONE CU
3279 RAMOS CIR
SACRAMENTO, CA 95827

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621320 - Optometrists

Loan Approval Date

5/28/2004

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Vision One Cu and they will explain how you can get an SBA loan for your company.

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:

Business Incubators

Small Bank Loans in Sacramento, California

California SBA 7A Lenders