Physical, Occupational and Speech Therapists, and Audiologists Bank Loans
Looking for bank loans for physical, occupational and speech therapists, and audiologists? Try the SBA. This $440,000 physical, occupational and speech therapists, and audiologists loan was issued by a Kentucky bank.
Getting a small business loan in Leitchfield, Kentucky was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Wilson & Muir Bank & Trust, operating out of Leitchfield, Kentucky. Here are the details on this Kentucky small business loan.
SBA Loan Borrower
COMPANY TYPE: HEALTH PRACTITIONER OFFICE OR CLINIC
LEITCHFIELD, KY 42754
SBA Loan Lender
WILSON & MUIR BANK & TRUST
118 S MAIN ST
LEITCHFIELD, KY 42754
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8049 - Health Practitioner Office or Clinic
NAICS Code
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
1/19/2007
Loan Approval Gross Amount
$440,000
Loan Approval from the SBA
Of the total $440,000 loan amount, the SBA guaranteed $330,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 documents did not indicate that the small business promised to use the funding to increase staffing levels 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.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Obtaining Funding - Getting Venture Capital
Who Lends Money to Small Businesses in Leitchfield, Kentucky
Kentucky SBA 7A Lenders