Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

I Need Commercial Loans in Las Vegas, Nevada

 

 
Loan Census SBA Loan Info

Financing for Physicians

Looking for loans for physicians? An SBA loan may be just what you've been looking for. This $300,000 physicians loan was issued by a Nevada bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Red Rock Community Bank, out of Las Vegas, Nevada. The loan was granted and they received $300,000 to help grow their Las Vegas, Nevada business.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
LAS VEGAS, NV 89117

SBA Loan Lender

RED ROCK COMMUNITY BANK
10000 W CHARLESTON BLVD, STE
LAS VEGAS, NV 89135

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

5/3/2004

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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 $300,000 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:

504 Loans

Who Lends Money to Small Businesses in Las Vegas, Nevada

SBA Participating Banks in Nevada