Nursing Care Facilities Small Business Loans
With these small business loans for nursing care facilities, the SBA guarantees the lender that the loan will be repaid. This nursing care facilities loan for $1,039,600 was given to an Idaho entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Boise, Idaho was able to borrow $1,039,600 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $779,700 of this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: SKILLED NURSING CARE FACILITIES
BOISE, ID 83707
SBA Loan Lender
WELLS FARGO BANK
177 PARK AVE, STE 300, A-0514
SAN JOSE, CA 95113
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8051 - Skilled Nursing Care Facilities
NAICS Code
623110 - Nursing Care Facilities
Loan Approval Date
9/30/2003
Loan Approval Gross Amount
$1,039,600
Loan Approval from the SBA
Of the total $1,039,600 loan amount, the SBA guaranteed $779,700.
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 30 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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