Getting an SBA Loan for Podiatrists

Looking for commercial loans for podiatrists? The SBA may be the answer. This $160,600 podiatrists loan was issued by a bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mayaguez, was able to borrow $160,600 from Banco Popular De Puerto Rico. The SBA made the loan possible by guaranteeing $120,450 of this small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF PODIATRISTS
MAYAGUEZ, PR 00680

SBA Loan Lender

BANCO POPULAR DE PUERTO RICO
209 MUNOZ RIVERA AVE, POPULAR
SAN JUAN, PR 00918

This business loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8043 - Offices and Clinics of Podiatrists

NAICS Code

621391 - Podiatrists

Loan Approval Date

1/27/2000

Loan Approval Gross Amount

$160,600

Loan Approval from the SBA

Of the total $160,600 loan amount, the SBA guaranteed $120,450.

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 only one employee. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Banco Popular De Puerto Rico and they will explain how you can get an SBA loan for your company.

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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