Physicians Commercial Loans
With these commercial loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $932,400 was given to a California entrepreneur in 2003.
This business knew how to go about getting a business bank loan. Based in Fullerton, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Fullerton Community Bank, Fsb, based in Fullerton, California.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
FULLERTON, CA 92835
SBA Loan Lender
FULLERTON COMMUNITY BANK, FSB
200 W COMMONWEALTH AVE
FULLERTON, CA 92832
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.
NAICS Code
621111 - Physicians
Loan Approval Date
5/30/2003
Loan Approval Gross Amount
$932,400
Loan Approval from the SBA
Of the total $932,400 loan amount, the SBA guaranteed $699,300.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $932,400 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
SBIR Funding
SBA Approved Banks in Fullerton, California
SBA Lenders in California