 |
 |
April 19, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > California Business Loan Sources > Carlsbad, Business Loans > Pacific Western Bank Carlsbad Business Loans > Offices And Clinics Of Doctors Of Medicine Loan | ||||
 |
||||
Best Banks in California
|
||||
 |
Borrowing Money for PhysiciansWith these small business loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $442,600 was given to a California entrepreneur in 2000. Getting a small business loan in Vista, California was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Carlsbad, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE SBA Loan Lender PACIFIC WESTERN BANK 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. SIC Code 8011 - Offices and Clinics of Doctors of Medicine NAICS Code 621111 - Physicians Loan Approval Date 3/13/2000 Loan Approval Gross Amount $442,600 Loan Approval from the SBA Of the total $442,600 loan amount, the SBA guaranteed $331,950. 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. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower. Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today! 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: How Much Venture Capital Is There? Find an SBA Lender in Carlsbad, California
|
|
||
|
||||
|
|
||||