Loan Census Banking News and Information
July 22, 2024  
 
 
  Business Loan Information  
 

Requirements for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Podiatrists Loans

Looking for loans for podiatrists? Talk to a banker who works with the SBA. This $275,000 podiatrists loan was issued by a California bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with National Bank Of California, out of Los Angeles, California. The loan was granted and they received $275,000 to help grow their Hawthorne, California business.

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
HAWTHORNE, CA 90250

SBA Loan Lender

NATIONAL BANK OF CALIFORNIA
145 S FAIRFAX AVE
LOS ANGELES, CA 90036

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621391 - Podiatrists

Loan Approval Date

4/11/2003

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Hawthorne CA, you ought to talk with a local Hawthorne SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hawthorne businesses.

We can help you find the best banks for small businesses in Hawthorne 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:

Choosing VC Firms

Best Los Angeles, California Banks for Small Business

SBA California Banks