Physical, Occupational and Speech Therapists, and Audiologists Small Business Loans

Looking for small business loans for physical, occupational and speech therapists, and audiologists? Try the SBA. This $92,800 physical, occupational and speech therapists, and audiologists loan was issued by a Kansas bank.

This company knew how to go about getting a business bank loan. Based in Lawrence, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Douglas County Bank, based in Lawrence, Kansas.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
LAWRENCE, KS 66047

SBA Loan Lender

DOUGLAS COUNTY BANK
300 W 9TH
LAWRENCE, KS 66044

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621340 - Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

1/24/2008

Loan Approval Gross Amount

$92,800

Loan Approval from the SBA

Of the total $92,800 loan amount, the SBA guaranteed $46,400.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Douglas County Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Douglas County Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

How Equity Dilution Works

Best Banks for Small Business in Lawrence, Kansas

Browse All Business Loan Sources for Kansas