Business Loans for Optometrists
Looking for business loans for optometrists? An SBA loan may be just what you've been looking for. This $150,000 optometrists loan was issued by a Virginia bank.
This small business knew how to go about getting a business bank loan. Based in Harrisonburg, Virginia, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was United Bank, based in Harrisonburg, Virginia.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF OPTOMETRISTS
HARRISONBURG, VA 22802
SBA Loan Lender
UNITED BANK
110 UNIVERSITY BLVD
HARRISONBURG, VA 22801
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8042 - Offices and Clinics of Optometrists
NAICS Code
621320 - Optometrists
Loan Approval Date
1/25/2001
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 documents did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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:
Obtaining Funding - How to Borrow Money
SBA 7A Banks for Harrisonburg, Virginia Loans
Virginia SBA 7A Lenders