Home Health Equipment Rental Business Loans
With these business loans for home health equipment rental, the SBA guarantees the lender that the loan will be repaid. This home health equipment rental loan for $30,000 was given to a California entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Thousand Oaks, California was able to borrow $30,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $15,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: HOME HEALTH EQUIPMENT RENTAL
THOUSAND OAKS, CA 91362
SBA Loan Lender
WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
532291 - Home Health Equipment Rental
Loan Approval Date
3/28/2006
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Business Line of Credit
SBA 7A Banks in Henderson, Nevada
SBA Participating Banks in Nevada