Financing for Health Practitioners
Looking for loans for health practitioners? The SBA may be the answer. This $729,300 health practitioners loan was issued by a California bank.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Center Bank, out of Los Angeles, California. The loan was granted and they received $729,300 to help grow their Artesia, California business.
SBA Loan Borrower
COMPANY TYPE: HEALTH PRACTITIONERS
ARTESIA, CA 90701
SBA Loan Lender
CENTER BANK
3435 WILSHIRE BLVD, STE 700
LOS ANGELES, CA 90010
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621399 - Health Practitioners
Loan Approval Date
12/8/2003
Loan Approval Gross Amount
$729,300
Loan Approval from the SBA
Of the total $729,300 loan amount, the SBA guaranteed $546,975.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 9 employees. The loan application indicated that the loan would help generate 9 new jobs and retain 18 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Artesia or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Obtaining Funding - Getting Venture Capital
SBA 7A Lenders in Los Angeles, California
California SBA 7A Banks