Physicians, Mental Health Specialists Loans
With these loans for physicians, mental health specialists, the SBA guarantees the lender that the loan will be repaid. This physicians, mental health specialists loan for $69,550 was given to an Iowa entrepreneur in 2006.
This company knew how to go about getting a business bank loan. Based in Dubuque, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was American Trust & Savings Bank, based in Dubuque, Iowa.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS, MENTAL HEALTH SPECIALISTS
DUBUQUE, IA 52001
SBA Loan Lender
AMERICAN TRUST & SAVINGS BANK
895 MAIN ST
DUBUQUE, IA 52001
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
621112 - Physicians, Mental Health Specialists
Loan Approval Date
6/7/2006
Loan Approval Gross Amount
$69,550
Loan Approval from the SBA
Of the total $69,550 loan amount, the SBA guaranteed $34,775.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 borrowed money would help generate 2 new jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
We can help you find the best banks for small businesses in Dubuque or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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
Best Banks in Dubuque, Iowa
Getting an SBA Loan in Iowa