Financing for Physicians

With these loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $1,687,000 was given to a Georgia entrepreneur in 2006.

Getting a small business loan in Woodstock, Georgia was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Crescent Bank & Trust, operating out of Jasper, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
WOODSTOCK, GA 30188

SBA Loan Lender

CRESCENT BANK & TRUST
7 CARING WAY
JASPER, GA 30143

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

6/7/2006

Loan Approval Gross Amount

$1,687,000

Loan Approval from the SBA

Of the total $1,687,000 loan amount, the SBA guaranteed $1,265,250.

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. The loan application indicated that the loan would help retain 5 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.

This SBA loan was for $1,687,000. How would you spend $1,687,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

SBIR Funding

Banks in Jasper, Georgia

Georgia SBA 7A Lenders