Where to Get Capital for Physicians

Looking for small business loans for physicians? An SBA loan may be just what you've been looking for. This $500,000 physicians loan was issued by a Pennsylvania bank.

This company knew how to go about getting a business bank loan. Based in Shillington, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was National Penn Bancshares, Inc., based in Boyertown, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
SHILLINGTON, PA 19607

SBA Loan Lender

NATIONAL PENN BANCSHARES, INC.
PHILADELPHIA & READING AVE
BOYERTOWN, PA 19512

When this loan was made, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program was created to offer rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

3/27/2002

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 32 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like National Penn Bancshares, Inc. and they will explain how you can get an SBA loan for your company.

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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