Physicians Commercial Loans
Looking for commercial loans for physicians? Talk to a banker who works with the SBA. This $967,000 physicians loan was issued by a Nevada bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Silver State Bank, out of Henderson, Nevada. The loan was granted and they received $967,000 to help grow their Boulder City, Nevada business.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
BOULDER CITY, NV 89005
SBA Loan Lender
SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621111 - Physicians
Loan Approval Date
12/3/2002
Loan Approval Gross Amount
$967,000
Loan Approval from the SBA
Of the total $967,000 loan amount, the SBA guaranteed $725,250.
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 9 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 9 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 Boulder City NV, you ought to talk with a local Boulder City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Boulder City businesses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Silver State Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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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