Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Tips for Small Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

Bank Loans for Physicians

Looking for bank loans for physicians? The SBA may be the answer. This $220,000 physicians loan was issued by a Pennsylvania bank.

Getting a small business loan in Dunmore, Pennsylvania was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First National Community Bank, operating out of Dunmore, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
DUNMORE, PA 18510

SBA Loan Lender

FIRST NATIONAL COMMUNITY BANK
102 E DRINKER ST
DUNMORE, PA 18512

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

6/29/2007

Loan Approval Gross Amount

$220,000

Loan Approval from the SBA

Of the total $220,000 loan amount, the SBA guaranteed $165,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Dunmore 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:

Role of Business Plan When Raising Money

Good Banks for Small Business in Dunmore, Pennsylvania

Pennsylvania SBA 7A Lenders