SBA Loans for Physicians
Looking for SBA loans for physicians? Try the SBA. This $2,000,000 physicians loan was issued by a Texas bank.
This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with United Community Bank, out of Highland Village, Texas. The loan was granted and they received $2,000,000 to help grow their Irving, Texas business.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
IRVING, TX 75039
SBA Loan Lender
UNITED COMMUNITY BANK
2100 FM 407
HIGHLAND VILLAGE, TX 75077
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621111 - Physicians
Loan Approval Date
9/2/2004
Loan Approval Gross Amount
$2,000,000
Loan Approval from the SBA
Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 58 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This SBA loan was for $2,000,000. How would you spend $2,000,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Equity Financing
Good Banks for Small Business in Highland Village, Texas
Getting an SBA Loan in Texas