Get an SBA Loan for Offices of Physical, Occupational and Speech Therapists, and Audiologists

Looking for bank loans for offices of physical, occupational and speech therapists, and audiologists? Try the SBA. This $146,500 offices of physical, occupational and speech therapists, and audiologists loan was issued by a Texas bank.

Advanced Functional Assessment received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Wells Fargo Bank, out of Austin, Texas. The loan was granted and they received $146,500 to help grow their Deer Park, Texas business.

SBA Loan Borrower

ADVANCED FUNCTIONAL ASSESSMENT
1803 CENTER ST
DEER PARK, TX 77536

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

621340 - Offices of Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

4/9/2002

Loan Approval Gross Amount

$146,500

Loan Approval from the SBA

Of the total $146,500 loan amount, the SBA guaranteed $73,250.

More Information on This SBA Loan

The borrower, Advanced Functional Assessment, 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. The SBA loan documents indicated that the borrowed money would help create 3 new jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

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SBA Banks in Austin, Texas

Getting a Business Loan in Texas

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