Get an SBA Loan for Home Health Care Services

Looking for small business loans for home health care services? The SBA may be the answer. This $5,000 home health care services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mount Vernon, New York was able to borrow $5,000 from Innovative Bank. The SBA made the loan possible by guaranteeing $4,250 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH CARE SERVICES
MOUNT VERNON, NY 10550

SBA Loan Lender

INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612

This lender issued this business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

4/21/2003

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Mount Vernon NY, you ought to talk with a local Mount Vernon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mount Vernon businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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