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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Visalia, Business Loans > Valley Business Bank Visalia Business Loans > Physicians Loan | ||||
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SBA Lender Visalia, California
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Visalia, California Lender Lends Money to Physicians CompanyA Visalia, California SBA loan can be yours. Learn how a business got a $111,000 business loan from this California bank. This loan to a local firm is a good example of an SBA loan. Valley Business Bank made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender VALLEY BUSINESS BANK This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 6/25/2003 Loan Approval Gross Amount $111,000 Loan Approval from the SBA Of the total $111,000 loan amount, the SBA guaranteed $83,250. 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 17 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $111,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA 7A Banks for Visalia, California Loans
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