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November 15, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Newport, Business Loans > Banknewport Newport Business Loans > Physicians Loan | ||||
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Examples of Pawtucket SBA Loans
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SBA Loans for PhysiciansLooking for SBA loans for physicians? The SBA may be the answer. This $110,000 physicians loan was issued by a Rhode Island bank. This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Banknewport, out of Newport, Rhode Island. The loan was granted and they received $110,000 to help grow their Pawtucket, Rhode Island business. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender BANKNEWPORT This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621111 - Physicians Loan Approval Date 4/12/2005 Loan Approval Gross Amount $110,000 Loan Approval from the SBA Of the total $110,000 loan amount, the SBA guaranteed $55,000. 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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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. Related Links: Determining Proper Capital Structure for a Business SBA 7A Lenders in Newport, Rhode Island Where to Get an SBA Loan Rhode Island
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