Ambulatory Health Care Services Commercial Loans
With these commercial loans for ambulatory health care services, the SBA guarantees the lender that the loan will be repaid. This ambulatory health care services loan for $70,000 was given to a California entrepreneur in 2001.
This business knew how to go about getting a business bank loan. Based in Tarzana, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was East West Bank, based in Pasadena, California.
SBA Loan Borrower
COMPANY TYPE: HEALTH AND ALLIED SERVICES
TARZANA, CA 91356
SBA Loan Lender
EAST WEST BANK
135 N LOS ROBLES AVE, 7TH FL
PASADENA, CA 91101
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8099 - Health and Allied Services
NAICS Code
621999 - Ambulatory Health Care Services
Loan Approval Date
5/11/2001
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $59,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 5 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 East West Bank 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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