Business Loans for Mental Health Practitioners
Looking for business loans for mental health practitioners? The SBA may be the answer. This $80,000 mental health practitioners loan was issued by a North Carolina bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hendersonville, North Carolina was able to borrow $80,000 from First-Citizens Bank & Trust. The SBA made the loan possible by guaranteeing $68,000 of this North Carolina small business loan.
SBA Loan Borrower
COMPANY TYPE: HEALTH PRACTITIONER OFFICE OR CLINIC
HENDERSONVILLE, NC 28791
SBA Loan Lender
FIRST-CITIZENS BANK & TRUST
100 E TRYON RD
RALEIGH, NC 27603
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8049 - Health Practitioner Office or Clinic
NAICS Code
621330 - Mental Health Practitioners
Loan Approval Date
3/6/2001
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $68,000.
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 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $80,000 loan. Remember, fight for what you want, and it will be yours!
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 - Friends and Family
SBA 7A Lenders in Raleigh, North Carolina
Getting a Business Loan in North Carolina