Physicians Small Business Loans
With these small business loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $149,500 was given to a Colorado entrepreneur in 2001.
Getting a small business loan in Fort Collins, Colorado was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Of Wyoming, operating out of Laramie, Wyoming. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
FORT COLLINS, CO 80524
SBA Loan Lender
FIRST NATIONAL BANK OF WYOMING
2020 GRAND AVE
LARAMIE, WY 82070
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621111 - Physicians
Loan Approval Date
5/3/2001
Loan Approval Gross Amount
$149,500
Loan Approval from the SBA
Of the total $149,500 loan amount, the SBA guaranteed $127,075.
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 documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
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Many small businesses receive loans backed by the U.S. Small Business Administration.
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:
Understanding Dilution
Where to Get an SBA Loan in Laramie, Wyoming
Where to Get an SBA Loan Wyoming