Loan Census Banking News and Information
May 1, 2024  
 
 
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Small Business Banks for Valencia Businesses

 

 
Loan Census SBA Loan Info

Financing for Health Practitioners

With these loans for health practitioners, the SBA guarantees the lender that the loan will be repaid. This health practitioners loan for $698,700 was given to a California entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Valencia, California was able to borrow $698,700 from Center Bank. The SBA made the loan possible by guaranteeing $524,025 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
VALENCIA, CA 91355

SBA Loan Lender

CENTER BANK
3435 WILSHIRE BLVD, STE 700
LOS ANGELES, CA 90010

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

1/22/2007

Loan Approval Gross Amount

$698,700

Loan Approval from the SBA

Of the total $698,700 loan amount, the SBA guaranteed $524,025.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Valencia CA, you ought to talk with a local Valencia SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Valencia businesses.

This SBA loan was for $698,700. How would you spend $698,700 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.

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