Financing for Physicians, Mental Health Specialists

Looking for loans for physicians, mental health specialists? Try the SBA. This $72,100 physicians, mental health specialists loan was issued by an Arizona bank.

Getting a small business loan in Sedona, Arizona was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Desert Hills Bank, operating out of Phoenix, Arizona. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS, MENTAL HEALTH SPECIALISTS
SEDONA, AZ 86351

SBA Loan Lender

DESERT HILLS BANK
3001 E CAMELBACK RD
PHOENIX, AZ 85016

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621112 - Physicians, Mental Health Specialists

Loan Approval Date

8/28/2007

Loan Approval Gross Amount

$72,100

Loan Approval from the SBA

Of the total $72,100 loan amount, the SBA guaranteed $36,050.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Desert Hills 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.

Related Links:

Financing Your Business

Where to Get an SBA Loan in Phoenix, Arizona

Arizona SBA Bank Lenders