Getting an SBA Loan for Physical, Occupational and Speech Therapists, and Audiologists
With these business loans for physical, occupational and speech therapists, and audiologists, the SBA guarantees the lender that the loan will be repaid. This physical, occupational and speech therapists, and audiologists loan for $38,000 was given to a Maine entrepreneur in 2006.
This business knew how to go about getting a business bank loan. Based in Berwick (census Name For Berwi, Maine, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Kennebunk Savings Bank, based in Kennebunk, Maine.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
BERWICK (CENSUS NAME FOR BERWI, ME 03901
SBA Loan Lender
KENNEBUNK SAVINGS BANK
104 MAIN ST
KENNEBUNK, ME 04043
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
7/24/2006
Loan Approval Gross Amount
$38,000
Loan Approval from the SBA
Of the total $38,000 loan amount, the SBA guaranteed $28,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Kennebunk Savings Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Obtaining Funding - How to Decide How Much to Raise
Small Business Banks in Kennebunk, Maine
SBA Maine Banks