Where to Get Capital for Health Practitioners
With these small business loans for health practitioners, the SBA guarantees the lender that the loan will be repaid. This health practitioners loan for $112,500 was given to an Utah entrepreneur in 2005.
This company knew how to go about getting a business bank loan. Based in Roy, Utah, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Zions First National Bank, based in West Valley City, Utah.
SBA Loan Borrower
COMPANY TYPE: HEALTH PRACTITIONERS
ROY, UT 84067
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621399 - Health Practitioners
Loan Approval Date
4/13/2005
Loan Approval Gross Amount
$112,500
Loan Approval from the SBA
Of the total $112,500 loan amount, the SBA guaranteed $95,625.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Role of Business Plan When Raising Money
SBA 7A Lenders in West Valley City, Utah
Find an SBA Lender in Utah