Get an SBA Loan for Health Practitioners
Looking for small business loans for health practitioners? Talk to a banker who works with the SBA. This $323,500 health practitioners loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Glendale, California was able to borrow $323,500 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $242,625 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: HEALTH PRACTITIONERS
GLENDALE, CA 91204
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This lender provides SBA business 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
621399 - Health Practitioners
Loan Approval Date
9/3/2002
Loan Approval Gross Amount
$323,500
Loan Approval from the SBA
Of the total $323,500 loan amount, the SBA guaranteed $242,625.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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