Physicians SBA Loans
With these SBA loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $303,000 was given to a Texas entrepreneur in 2000.
This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with The Frost National Bank, out of San Antonio, Texas. The loan was granted and they received $303,000 to help grow their Fort Worth, Texas business.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
FORT WORTH, TX 76104
SBA Loan Lender
THE FROST NATIONAL BANK
100 W HOUSTON ST
SAN ANTONIO, TX 78205
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.
SIC Code
8011 - Offices and Clinics of Doctors of Medicine
NAICS Code
621111 - Physicians
Loan Approval Date
10/19/2000
Loan Approval Gross Amount
$303,000
Loan Approval from the SBA
Of the total $303,000 loan amount, the SBA guaranteed $227,250.
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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $303,000 loan. Remember, fight for what you want, and it will be yours!
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:
Equity Financing
SBA 7A Banks in San Antonio, Texas
Getting a Business Loan in Texas