Where to Get Capital for Optometrists

With these SBA loans for optometrists, the SBA guarantees the lender that the loan will be repaid. This optometrists loan for $70,000 was given to a Kansas entrepreneur in 2001.

Getting a small business loan in Hoisington, Kansas was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Hoisington National Bank, operating out of Hoisington, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: OPTOMETRISTS
HOISINGTON, KS 67544

SBA Loan Lender

HOISINGTON NATIONAL BANK
2ND & MAIN ST
HOISINGTON, KS 67544

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621320 - Optometrists

Loan Approval Date

10/17/2001

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

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 SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 $70,000 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:

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Small Business Banks in Hoisington, Kansas

SBA Lenders in Kansas