Business Loans for Optometrists
With these business loans for optometrists, the SBA guarantees the lender that the loan will be repaid. This optometrists loan for $205,000 was given to a North Carolina entrepreneur in 2003.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First-Citizens Bank & Trust, out of Asheville, North Carolina. The loan was granted and they received $205,000 to help grow their Asheville, North Carolina business.
SBA Loan Borrower
COMPANY TYPE: OPTOMETRISTS
ASHEVILLE, NC 28803
SBA Loan Lender
FIRST-CITIZENS BANK & TRUST
1375 W PATTON AVE
ASHEVILLE, NC 28802
This lender issued this loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621320 - Optometrists
Loan Approval Date
11/26/2003
Loan Approval Gross Amount
$205,000
Loan Approval from the SBA
Of the total $205,000 loan amount, the SBA guaranteed $153,750.
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 6 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First-Citizens Bank & Trust and they will explain how you can get an SBA loan for your company.
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:
SBIR Funding
Banks in Asheville, North Carolina
SBA Lenders in North Carolina