Getting an SBA Loan for Physicians
With these business loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $180,000 was given to an Idaho entrepreneur in 2006.
This business knew how to go about getting a business bank loan. Based in Boise, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Syringa Bank, based in Meridian, Idaho.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
BOISE, ID 83646
SBA Loan Lender
SYRINGA BANK
3671 E FAIRVIEW AVE
MERIDIAN, ID 83642
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621111 - Physicians
Loan Approval Date
7/5/2006
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
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 5 employees. The loan application did not indicate that the small business planned to use the loan proceeds 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.
We can help you find the best banks for small businesses in Boise 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.
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