SBA Loans for Physicians
With these SBA loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $481,000 was given to a South Carolina entrepreneur in 2006.
This small business knew how to go about getting a business bank loan. Based in Chester, South Carolina, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Wachovia Sba Lending, Inc., based in Roseville, California.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
CHESTER, SC 29706
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621111 - Physicians
Loan Approval Date
3/31/2006
Loan Approval Gross Amount
$481,000
Loan Approval from the SBA
Of the total $481,000 loan amount, the SBA guaranteed $360,750.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Small Business Loan
Find an SBA Lender in Roseville, California
SBA Lenders in California