Where to Get Capital for Podiatrists
Looking for small business loans for podiatrists? The SBA may be the answer. This $125,000 podiatrists loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Malone, New York was able to borrow $125,000 from Hsbc Bank Usa. The SBA made the loan possible by guaranteeing $62,500 of this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF PODIATRISTS
MALONE, NY 12953
SBA Loan Lender
HSBC BANK USA
360 S WARREN ST
SYRACUSE, NY 13202
This lender processed this debt financing 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.
SIC Code
8043 - Offices and Clinics of Podiatrists
NAICS Code
621391 - Podiatrists
Loan Approval Date
9/29/2000
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $62,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Hsbc Bank Usa are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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 Participating Banks in Syracuse, New York
Getting a Business Loan in New York