Where to Get Capital for Health Practitioners

With these small business loans for health practitioners, the SBA guarantees the lender that the loan will be repaid. This health practitioners loan for $120,000 was given to a Florida entrepreneur in 2005.

Getting a small business loan in Melbourne, Florida was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Florida Business Bank, operating out of Melbourne, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
MELBOURNE, FL 32940

SBA Loan Lender

FLORIDA BUSINESS BANK
340 N HARBOR CITY BLVD
MELBOURNE, FL 32935

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

12/8/2005

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

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 did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $120,000. How would you spend $120,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Direct Public Offerings

Best Melbourne, Florida Banks for Small Business

Florida SBA 7A Lenders