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May 18, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Osage Beach, Business Loans > Central Bank - Lake - Ozarks Osage Beach Business Loans > Offices And Clinics Of Doctors Of Medicine Loan | ||||
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Raising Money in Sunrise Beach, Missouri With SBA Loans
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Get an SBA Loan for PhysiciansLooking for bank loans for physicians? Try the SBA. This $140,000 physicians loan was issued by a Missouri bank. Getting a small business loan in Sunrise Beach, Missouri was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Central Bank - Lake - Ozarks, operating out of Osage Beach, Missouri. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE SBA Loan Lender CENTRAL BANK - LAKE - OZARKS This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. 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 12/11/2002 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $119,000. 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 only one employee. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Participating Banks in Osage Beach, Missouri
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