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November 14, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Atlanta, Business Loans > Suntrust Bank Atlanta Business Loans > Physicians Loan | ||||
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Suntrust Bank SBA Loans
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Where to Get Capital for PhysiciansWith these SBA loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $180,000 was given to a Virginia entrepreneur in 2003. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Charlottesville, Virginia was able to borrow $180,000 from Suntrust Bank. The SBA made the loan possible by guaranteeing $90,000 of this Virginia small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender SUNTRUST BANK This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621111 - Physicians Loan Approval Date 5/16/2003 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $90,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 3 new jobs. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a business in Charlottesville VA, you ought to talk with a local Charlottesville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Charlottesville businesses. 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: Best Banks for Small Business in Atlanta, Georgia Getting an SBA Loan in Georgia
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