Getting an SBA Loan for Physicians
Looking for commercial loans for physicians? Talk to a banker who works with the SBA. This $1,203,000 physicians loan was issued by a New Jersey bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Maricopa, Arizona was able to borrow $1,203,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $902,250 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
Maricopa, AZ 85239
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
This lender provides SBA commercial loans 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
3/27/2006
Loan Approval Gross Amount
$1,203,000
Loan Approval from the SBA
Of the total $1,203,000 loan amount, the SBA guaranteed $902,250.
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 6 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start business in Maricopa AZ, you ought to talk with a local Maricopa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Maricopa businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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