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November 15, 2024  
 
 
  Business Loan Information  
 

We Needed a Business Loan in Camden, New York and We Got One!

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Podiatrists

Looking for bank loans for podiatrists? The SBA may be the answer. This $140,000 podiatrists loan was issued by a New York bank.

This company knew how to go about getting a business bank loan. Based in Camden, New York, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was The Rome Savings Bank, based in Rome, New York.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF PODIATRISTS
CAMDEN, NY 13316

SBA Loan Lender

THE ROME SAVINGS BANK
100 W DOMINICK ST
ROME, NY 13440

This lender issued this particular loan for a small business under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8043 - Offices and Clinics of Podiatrists

NAICS Code

621391 - Podiatrists

Loan Approval Date

5/24/2001

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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 2 employees. This SBA loan request did not indicate that the business promised to use the money 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.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

Related Links:

Startup Funding Tip

SBA Participating Banks in Rome, New York

New York SBA 7A Lenders