Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

New York Small Business Funding

 

 
Loan Census SBA Loan Info

Physicians Business Loans

Looking for business loans for physicians? Talk to a banker who works with the SBA. This $250,000 physicians loan was issued by a New York bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Hudson Valley Bank, out of Yonkers, New York. The loan was granted and they received $250,000 to help grow their Mount Vernon, New York business.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
MOUNT VERNON, NY 10550

SBA Loan Lender

HUDSON VALLEY BANK
21 SCARSDALE RD
YONKERS, NY 10707

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

8/10/2001

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $250,000. How would you spend $250,000 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.

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