Commercial Loans for Physicians
Looking for commercial loans for physicians? Talk to a banker who works with the SBA. This $250,000 physicians loan was issued by a Florida bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Capital City Bank, out of Tallahassee, Florida. The loan was granted and they received $250,000 to help grow their Tallahassee, Florida business.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
TALLAHASSEE, FL 32308
SBA Loan Lender
CAPITAL CITY BANK
217 N MONROE ST
TALLAHASSEE, FL 32301
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621111 - Physicians
Loan Approval Date
4/4/2003
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
While you may be able to find business people willing to loan money, 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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