Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Ft. Lauderdale, Florida Bank for SBA Loans

 

 
Loan Census SBA Loan Info

SBA Loans for Physicians

Looking for SBA loans for physicians? Try the SBA. This $1,680,000 physicians loan was issued by a Tennessee bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ft. Lauderdale, Florida was able to borrow $1,680,000 from Regions Bank. The SBA made the loan possible by guaranteeing $999,986 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
FT. LAUDERDALE, FL 33306

SBA Loan Lender

REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a 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

3/2/2001

Loan Approval Gross Amount

$1,680,000

Loan Approval from the SBA

Of the total $1,680,000 loan amount, the SBA guaranteed $999,986.

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 14 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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:

Role of Business Plan When Raising Money

Small Business Banks in Memphis, Tennessee

Tennessee SBA 7A Lenders