SBA Loan from Broadway National Bank Helps Physicians Company
Broadway National Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
This growing company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Broadway National Bank, out of San Antonio, Texas. The loan was granted and they received $282,000 to help grow their San Antonio, Texas business.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
SAN ANTONIO, TX 78245
SBA Loan Lender
BROADWAY NATIONAL BANK
1177 NE LOOP 410
SAN ANTONIO, TX 78209
This lender provides SBA guaranteed business 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
1/26/2006
Loan Approval Gross Amount
$282,000
Loan Approval from the SBA
Of the total $282,000 loan amount, the SBA guaranteed $211,500.
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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Broadway National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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