Podiatrists Business Loans
Looking for business loans for podiatrists? Try the SBA. This $175,000 podiatrists loan was issued by a Minnesota bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Anchor Bank, out of Wayzata, Minnesota. The loan was granted and they received $175,000 to help grow their Farmington, Minnesota business.
SBA Loan Borrower
COMPANY TYPE: PODIATRISTS
FARMINGTON, MN 55024
SBA Loan Lender
ANCHOR BANK
1055 E WAYZATA BLVD EAST
WAYZATA, MN 55391
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621391 - Podiatrists
Loan Approval Date
4/8/2003
Loan Approval Gross Amount
$175,000
Loan Approval from the SBA
Of the total $175,000 loan amount, the SBA guaranteed $131,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
How Equity Dilution Works
Good Banks for Small Business in Wayzata, Minnesota
Getting an SBA Loan in Minnesota