Raising Money for Direct Health and Medical Insurance Carriers

Looking for business loans for direct health and medical insurance carriers? Talk to a banker who works with the SBA. This $262,500 direct health and medical insurance carriers loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Scottsdale, Arizona was able to borrow $262,500 from Sterling Savings Bank. The SBA made the loan possible by guaranteeing $196,875 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: DIRECT HEALTH AND MEDICAL INSURANCE CARRIERS
SCOTTSDALE, AZ 85251

SBA Loan Lender

STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

524114 - Direct Health and Medical Insurance Carriers

Loan Approval Date

4/6/2001

Loan Approval Gross Amount

$262,500

Loan Approval from the SBA

Of the total $262,500 loan amount, the SBA guaranteed $196,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Sterling Savings Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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