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December 18, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Lakeway, Business Loans > Prosperity Bank Lakeway Business Loans > Offices And Clinics Of Doctors Of Medicine Loan | ||||
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Small Business Loans from Prosperity Bank
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SBA Loan from Prosperity Bank Helps Offices And Clinics Of Doctors Of Medicine CompanyAn SBA loan from Prosperity Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Cedar Park, Texas business owner got a $791,500 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cedar Park, Texas was able to borrow $791,500 from Prosperity Bank. The SBA made the loan possible by guaranteeing $593,625 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE SBA Loan Lender PROSPERITY BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8011 - Offices and Clinics of Doctors of Medicine NAICS Code 621111 - Physicians Loan Approval Date 7/26/2002 Loan Approval Gross Amount $791,500 Loan Approval from the SBA Of the total $791,500 loan amount, the SBA guaranteed $593,625. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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. Related Links: SBA 7A Banks in Lakeway, Texas SBA Participating Banks in Texas
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