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May 13, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Winston Salem, Business Loans > Branch Bank & Trust Winston Salem Business Loans > Physicians Loan | ||||
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Requirements for Small Business Owners On Getting a Loan
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Commercial Loans for PhysiciansWith these commercial loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $65,000 was given to a Tennessee entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Seymour, Tennessee was able to borrow $65,000 from Branch Bank & Trust. The SBA made the loan possible by guaranteeing $32,500 of this Tennessee small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender BRANCH BANK & TRUST This lender processed this commercial 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 12/7/2006 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 a new 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: A Company That Helps Entrepreneurs Small Bank Loans in Winston Salem, North Carolina Getting an SBA Loan in North Carolina
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