Getting an SBA Loan for Physical, Occupational and Speech Therapists, and Audiologists

Looking for commercial loans for physical, occupational and speech therapists, and audiologists? Talk to a banker who works with the SBA. This $80,000 physical, occupational and speech therapists, and audiologists loan was issued by an Oregon bank.

This business knew how to go about getting a business bank loan. Based in Hood River, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Columbia River Bank, based in The Dalles, Oregon.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
HOOD RIVER, OR 97031

SBA Loan Lender

COLUMBIA RIVER BANK
401 E THIRD ST, STE 200
THE DALLES, OR 97058

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

621340 - Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

5/3/2004

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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Hood River OR, you ought to talk with a local Hood River SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hood River businesses.

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:

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