Loans for General Medical and Surgical Hospitals

Looking for loans for general medical and surgical hospitals? Talk to a banker who works with the SBA. This $778,500 general medical and surgical hospitals loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in Santa Ana, California, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Shinhan Bank America, based in Los Angeles, California.

SBA Loan Borrower

COMPANY TYPE: GENERAL MEDICAL AND SURGICAL HOSPITALS
SANTA ANA, CA 92701

SBA Loan Lender

SHINHAN BANK AMERICA
3000 W OLYMPIC BLVD
LOS ANGELES, CA 90006

This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8062 - General Medical and Surgical Hospitals

NAICS Code

622110 - General Medical and Surgical Hospitals

Loan Approval Date

5/10/2000

Loan Approval Gross Amount

$778,500

Loan Approval from the SBA

Of the total $778,500 loan amount, the SBA guaranteed $583,875.

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 75 employees. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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