Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Pacific City Bank Business Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Physicians

Looking for business loans for physicians? The SBA may be the answer. This $65,000 physicians loan was issued by a California bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Pacific City Bank, out of Los Angeles, California. The loan was granted and they received $65,000 to help grow their Rowland Heights, California business.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
ROWLAND HEIGHTS, CA 91748

SBA Loan Lender

PACIFIC CITY BANK
3701 WILSHIRE BLVD, STE 402
LOS ANGELES, CA 90010

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

10/17/2006

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $32,500.

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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pacific City Bank and they will explain how you can get an SBA loan for your company.

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:

Bank Credit Lines

SBA Banks in Los Angeles, California

SBA California Lenders