How to Get a Loan for Health Practitioners

Looking for SBA loans for health practitioners? The SBA may be the answer. This $441,900 health practitioners loan was issued by a New York bank.

This small business knew how to go about getting a business bank loan. Based in League City, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Banco Popular North America, based in New York City, New York.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
LEAGUE CITY, TX 77573

SBA Loan Lender

BANCO POPULAR NORTH AMERICA
7 W 51ST ST, BETWEEN 5TH & 6T
NEW YORK CITY, NY 10019

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

6/11/2007

Loan Approval Gross Amount

$441,900

Loan Approval from the SBA

Of the total $441,900 loan amount, the SBA guaranteed $331,425.

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 2 employees. The SBA loan documents indicated that the loan would help generate 23 new jobs and retain 25 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in League City TX, you ought to talk with a local League City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to League City businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banco Popular North America and they will explain how you can get an SBA loan for your company.

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:

Debt Financing

SBA Participating Banks in New York City, New York

Getting an SBA Loan in New York