Business Loans for Health Practitioners

With these business loans for health practitioners, the SBA guarantees the lender that the loan will be repaid. This health practitioners loan for $252,400 was given to a entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Juan, was able to borrow $252,400 from Banco Santander Puerto Rico. The SBA made the loan possible by guaranteeing $189,300 of this small business loan.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
SAN JUAN, PR 00926

SBA Loan Lender

BANCO SANTANDER PUERTO RICO
AVE PONCE DE LEON 207
HATO REY, PR 00918

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

621399 - Health Practitioners

Loan Approval Date

3/9/2004

Loan Approval Gross Amount

$252,400

Loan Approval from the SBA

Of the total $252,400 loan amount, the SBA guaranteed $189,300.

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 4 employees. The loan application indicated that the funding would help generate 4 new jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in San Juan PR, you ought to talk with a local San Juan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Juan businesses.

This SBA loan was for $252,400. How would you spend $252,400 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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