Physicians SBA Loans

With these SBA loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $47,600 was given to a New Jersey entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hammonton, New Jersey was able to borrow $47,600 from Sun National Bank. The SBA made the loan possible by guaranteeing $23,800 of this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
HAMMONTON, NJ 08037

SBA Loan Lender

SUN NATIONAL BANK
226 LANDIS AVE
VINELAND, NJ 08360

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

10/18/2006

Loan Approval Gross Amount

$47,600

Loan Approval from the SBA

Of the total $47,600 loan amount, the SBA guaranteed $23,800.

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 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Hammonton NJ, you ought to talk with a local Hammonton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hammonton businesses.

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 $47,600 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:

Business Incubators

SBA Banks in Vineland, New Jersey

SBA New Jersey Lenders