How to Get a Loan for Physicians
With these SBA loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $254,000 was given to a Kansas entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Leawood, Kansas was able to borrow $254,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $127,000 of this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
LEAWOOD, KS 66211
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
621111 - Physicians
Loan Approval Date
1/18/2005
Loan Approval Gross Amount
$254,000
Loan Approval from the SBA
Of the total $254,000 loan amount, the SBA guaranteed $127,000.
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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
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.
We can help you find the best banks for small businesses in Leawood 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.
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