Get an SBA Loan for Physicians
With these bank loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $50,000 was given to a Virginia entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Warrenton, Virginia was able to borrow $50,000 from The Fauquier Bank. The SBA made the loan possible by guaranteeing $25,000 of this Virginia small business loan.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
WARRENTON, VA 20186
SBA Loan Lender
THE FAUQUIER BANK
10 COURTHOUSE SQ
WARRENTON, VA 20186
This lender processed this SBA 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
621111 - Physicians
Loan Approval Date
10/14/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 only one employee. This SBA loan request indicated that the borrowed money would help generate 4 new jobs.
Next Steps for Getting an SBA Loan
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
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 The Fauquier 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.
Related Links:
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Where to Get an SBA Loan in Warrenton, Virginia
SBA Lenders in Virginia