Physicians SBA Loans
Looking for SBA loans for physicians? Try the SBA. This $246,000 physicians loan was issued by an Ohio bank.
This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Commerce National Bank, out of Columbus, Ohio. The loan was granted and they received $246,000 to help grow their Hamilton, Ohio business.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
HAMILTON, OH 45011
SBA Loan Lender
COMMERCE NATIONAL BANK
3650 OLENTANGY RIVER RD, STE
COLUMBUS, OH 43214
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
621111 - Physicians
Loan Approval Date
5/2/2005
Loan Approval Gross Amount
$246,000
Loan Approval from the SBA
Of the total $246,000 loan amount, the SBA guaranteed $123,000.
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. The loan application indicated that the loan would help generate 1 new job and retain 6 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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