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December 25, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Oneonta, Business Loans > Nbt Bank, National Association Oneonta Business Loans > Physicians Loan | ||||
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Examples of Vestal SBA Loans
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Raising Money for PhysiciansWith these bank loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $549,000 was given to a New York entrepreneur in 2004. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Nbt Bank, National Association, out of Oneonta, New York. The loan was granted and they received $549,000 to help grow their Vestal, New York business. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender NBT BANK, NATIONAL ASSOCIATION SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing 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 12/16/2004 Loan Approval Gross Amount $549,000 Loan Approval from the SBA Of the total $549,000 loan amount, the SBA guaranteed $274,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours 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: Advice on Getting a Small Business Loan Small Bank Loans in Oneonta, New York
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