Physicians Small Business Loans
Looking for small business loans for physicians? An SBA loan may be just what you've been looking for. This $100,000 physicians loan was issued by a Texas bank.
Getting a small business loan in Marshall, Texas was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Citizens National Bank, operating out of Henderson, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
MARSHALL, TX 75670
SBA Loan Lender
CITIZENS NATIONAL BANK
201 W MAIN ST
HENDERSON, TX 75652
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621111 - Physicians
Loan Approval Date
6/3/2005
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 5 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Citizens National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Understanding Dilution
Where to Get an SBA Loan in Henderson, Texas
Texas SBA Bank Lenders