Atlanta, Georgia Bank Gives SBA Loan to The Village Doctor
Get to know Atlanta, Georgia banks that specialize in SBA loans and know how to work with entrepreneurs. Suntrust Bank is one such bank, as evidenced by this SBA loan to The Village Doctor.
Finding a small business loan in Newport News, Virginia starts with an understanding of who else has gotten loans in the area. In this case, The Village Doctor received funding from Suntrust Bank Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
THE VILLAGE DOCTOR
10222 WARWICK BLVD
NEWPORT NEWS, VA 23601
SBA Loan Lender
SUNTRUST BANK
25 PARK PLACE NE
ATLANTA, GA 30303
This lender processed this SBA small business 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 - Offices of Physicians (except Mental Health Specialists)
Loan Approval Date
2/24/2003
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, The Village Doctor, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. This loan was paid in full, and was closed out on 2/22/2006.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Suntrust 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 SBA loan database.
Related Links:
Choosing VC Firms
Where to Get an SBA Loan in Atlanta, Georgia
Georgia SBA 7A Lenders
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