Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Best Banks for Hurricane, Utah Small Businesses

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Physicians

Looking for small business loans for physicians? Talk to a banker who works with the SBA. This $150,000 physicians loan was issued by an Utah bank.

This company knew how to go about getting a business bank loan. Based in Hurricane, Utah, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was State Bank Of Southern Utah, based in Saint George, Utah.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
HURRICANE, UT 84737

SBA Loan Lender

STATE BANK OF SOUTHERN UTAH
395 E ST GEORGE BLVD
SAINT GEORGE, UT 84771

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

9/30/2003

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 an existing business. This loan was not for a franchise. At the time of the loan, the company had 17 employees. This SBA loan request 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!

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money

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:

Borrowing Money from Friends and Family

Best Banks in Saint George, Utah

Utah SBA Bank Lenders