Physical, Occupational and Speech Therapists, and Audiologists Bank Loans
Looking for bank loans for physical, occupational and speech therapists, and audiologists? Try the SBA. This $60,000 physical, occupational and speech therapists, and audiologists loan was issued by a California bank.
This company knew how to go about getting a business bank loan. Based in Beaumont, California, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was 1st Centennial Bank, based in Redlands, California.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
BEAUMONT, CA 92223
SBA Loan Lender
1ST CENTENNIAL BANK
218 E STATE ST
REDLANDS, CA 92373
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
9/24/2002
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $51,000.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are working on finding money to start a business in Beaumont CA, you ought to talk with a local Beaumont SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beaumont businesses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. 1st Centennial Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, 1st Centennial Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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