SBA Loans for Physicians
Looking for SBA loans for physicians? The SBA may be the answer. This $1,375,000 physicians loan was issued by a California bank.
This small business knew how to go about getting a business bank loan. Based in Panorama City, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was First Private Bank & Trust, based in Encino, California.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
PANORAMA CITY, CA 91402
SBA Loan Lender
FIRST PRIVATE BANK & TRUST
16000 VENTURA BLVD
ENCINO, CA 91436
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621111 - Physicians
Loan Approval Date
4/22/2003
Loan Approval Gross Amount
$1,375,000
Loan Approval from the SBA
Of the total $1,375,000 loan amount, the SBA guaranteed $999,996.
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 17 employees. This SBA loan request indicated that the loan would help generate 17 new jobs and retain 17 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Private Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.
Related Links:
Bank Credit Lines
SBA 7A Banks for Encino, California Loans
California SBA 7A Lenders