Physicians Business Loans

Looking for business loans for physicians? An SBA loan may be just what you've been looking for. This $150,000 physicians loan was issued by a South Carolina bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bluffton, South Carolina was able to borrow $150,000 from South Carolina Bank & Trust Natl. The SBA made the loan possible by guaranteeing $127,500 of this South Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
BLUFFTON, SC 29910

SBA Loan Lender

SOUTH CAROLINA BANK & TRUST NATL
1328 FORDING ISLAND RD
BLUFFTON, SC 29910

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

6/2/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

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

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. South Carolina Bank & Trust Natl had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, South Carolina Bank & Trust Natl 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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Where to Get an SBA Loan in Bluffton, South Carolina

Getting an SBA Loan in South Carolina