Loan Census Banking News and Information
December 21, 2024  
 
 
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Mississippi Small Business Funding

 

 
Loan Census SBA Loan Info

Bank Loans for Physicians

Looking for bank loans for physicians? Try the SBA. This $102,500 physicians loan was issued by a Mississippi bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First A National Bank Association, out of Laurel, Mississippi. The loan was granted and they received $102,500 to help grow their Laurel, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
LAUREL, MS 39440

SBA Loan Lender

FIRST A NATIONAL BANK ASSOCIATION
1945 HWY 15 NORTH
LAUREL, MS 39440

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

3/18/2005

Loan Approval Gross Amount

$102,500

Loan Approval from the SBA

Of the total $102,500 loan amount, the SBA guaranteed $87,125.

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 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Laurel or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

SBIR Funding

SBA Approved Banks in Laurel, Mississippi

Mississippi SBA 7A Lenders