Physicians Small Business Loans

Looking for small business loans for physicians? An SBA loan may be just what you've been looking for. This $144,000 physicians loan was issued by a New Hampshire bank.

This company knew how to go about getting a business bank loan. Based in York, Maine, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Ocean Bank, based in Portsmouth, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
YORK, ME 03909

SBA Loan Lender

OCEAN BANK
325 STATE ST
PORTSMOUTH, NH 03801

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

2/10/2005

Loan Approval Gross Amount

$144,000

Loan Approval from the SBA

Of the total $144,000 loan amount, the SBA guaranteed $72,000.

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 7 new jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in York ME, you ought to talk with a local York SBA lender or talk with an out-of-area SBA lender that has previously loaned money to York businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ocean Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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