Small Business Loans for Podiatrists

With these small business loans for podiatrists, the SBA guarantees the lender that the loan will be repaid. This podiatrists loan for $108,800 was given to a Texas entrepreneur in 2003.

This company knew how to go about getting a business bank loan. Based in Alpine, Texas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was West Texas National Bank, based in Alpine, Texas.

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
ALPINE, TX 79831

SBA Loan Lender

WEST TEXAS NATIONAL BANK
101 EAST AVE ' E '
ALPINE, TX 79830

This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621391 - Podiatrists

Loan Approval Date

9/30/2003

Loan Approval Gross Amount

$108,800

Loan Approval from the SBA

Of the total $108,800 loan amount, the SBA guaranteed $92,480.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from West Texas National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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