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January 2, 2025 |
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| Home > Small Business Lenders by State > Business Loan Sources > Hagatna, Business Loans > The Bank Of Guam Hagatna Business Loans > Offices And Clinics Of Doctors Of Medicine Loan | ||||
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Get an SBA Loan from The Bank Of Guam
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SBA Loan from The Bank Of Guam Helps Offices And Clinics Of Doctors Of Medicine CompanyAn SBA loan from The Bank Of Guam typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tamuning, business owner got a $1,035,500 loan. This business knew how to go about getting a business bank loan. Based in Tamuning, , they applied for and received an SBA-guaranteed loan in 2000. The lending bank was The Bank Of Guam, based in Hagatna, . SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE SBA Loan Lender THE BANK OF GUAM SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8011 - Offices and Clinics of Doctors of Medicine Loan Approval Date 4/18/2000 Loan Approval Gross Amount $1,035,500 Loan Approval from the SBA Of the total $1,035,500 loan amount, the SBA guaranteed $749,909. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Don't forget. To get an SBA loan, you must 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. While you may be able to find other ways to get money to start a business, 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. Related Links: Obtaining Funding - How to Decide How Much to Raise
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