Uniondale, New York Lender Lends Money to Physicians Company

Want to talk with an Uniondale, New York bank about an SBA loan? Here's one Connecticut business loan, issued by an Uniondale bank, that was approved by the SBA.

Applying for an SBA loan with Citibank worked out well for our friends at one local firm in Stamford, Connecticut. They got an SBA loan for $25,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
STAMFORD, CT 06902

SBA Loan Lender

CITIBANK
ONE EAB PLZ, S/S OF HEMPSTEAD
UNIONDALE, NY 11553

This business loan 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

621111 - Physicians

Loan Approval Date

3/15/2002

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

Although it's called an SBA loan, 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,000 loan. Remember, if it to be, it is up to me!

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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Best Uniondale, New York Banks for Small Business

SBA Participating Banks in New York