How to Get a Loan for Podiatrists

With these commercial loans for podiatrists, the SBA guarantees the lender that the loan will be repaid. This podiatrists loan for $598,000 was given to a California entrepreneur in 2004.

This small business knew how to go about getting a business bank loan. Based in Wildomar, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was City National Bank, based in Los Angeles, California.

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
WILDOMAR, CA 92595

SBA Loan Lender

CITY NATIONAL BANK
606 S OLIVE ST
LOS ANGELES, CA 90014

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621391 - Podiatrists

Loan Approval Date

3/2/2004

Loan Approval Gross Amount

$598,000

Loan Approval from the SBA

Of the total $598,000 loan amount, the SBA guaranteed $448,500.

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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Wildomar or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Getting a Small Business Loan

Small Bank Loans in Los Angeles, California

SBA California Banks