Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Requirements for Small Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Small Business Loans for Physicians

Looking for small business loans for physicians? The SBA may be the answer. This $113,700 physicians loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in Tooele, Utah, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bank Of The West, based in Truckee, California.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
TOOELE, UT 84074

SBA Loan Lender

BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621111 - Physicians

Loan Approval Date

1/3/2005

Loan Approval Gross Amount

$113,700

Loan Approval from the SBA

Of the total $113,700 loan amount, the SBA guaranteed $56,850.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

We can help you find the best banks for small businesses in Tooele or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Strategic Investors

SBA Participating Banks in Truckee, California

SBA Lenders in California