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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Physicians Loan | ||||
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How to Get SBA Loans in London, Ohio
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Small Business Loans for PhysiciansLooking for small business loans for physicians? An SBA loan may be just what you've been looking for. This $151,500 physicians loan was issued by a New Jersey bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in London, Ohio was able to borrow $151,500 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $113,625 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA small 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 621111 - Physicians Loan Approval Date 8/30/2002 Loan Approval Gross Amount $151,500 Loan Approval from the SBA Of the total $151,500 loan amount, the SBA guaranteed $113,625. 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 14 employees. The loan application indicated that the loan would help retain 14 existing jobs. Start the Process for Getting an SBA Loan Today! Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in London 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: Role of Business Plan When Raising Money SBA 7A Banks for Livingston, New Jersey Loans Getting a Business Loan in New Jersey
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