Get an SBA Loan for Physicians
With these bank loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $116,600 was given to an Idaho entrepreneur in 2001.
This company knew how to go about getting a business bank loan. Based in Homedale, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bank Of The Cascades, based in Caldwell, Idaho.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
HOMEDALE, ID 83628
SBA Loan Lender
BANK OF THE CASCADES
1110 BLAINE ST
CALDWELL, ID 83605
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.
NAICS Code
621111 - Physicians
Loan Approval Date
7/31/2001
Loan Approval Gross Amount
$116,600
Loan Approval from the SBA
Of the total $116,600 loan amount, the SBA guaranteed $99,110.
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. The SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Borrowing Money from Friends and Family
SBA 7A Banks in Caldwell, Idaho
Idaho SBA 7A Lenders