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April 20, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Grass Valley, Business Loans > Citizens Bank - Northern Califor Grass Valley Business Loans > Physicians Loan | ||||
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Raising Money in Tulare, California With SBA Loans
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Get an SBA Loan for PhysiciansLooking for loans for physicians? An SBA loan may be just what you've been looking for. This $200,000 physicians loan was issued by a California bank. This company knew how to go about getting a business bank loan. Based in Tulare, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Citizens Bank - Northern Califor, based in Grass Valley, California. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender CITIZENS BANK - NORTHERN CALIFOR SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 2/23/2005 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. 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 27 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $200,000. How would you spend $200,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 Grass Valley, California
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