SBA Loan Closed on New Office
Building for Dr. Drinkard O.D.

Total Financing: $854,000 

• 100% of Real Estate Purchase
• Remodeling Costs
• Equipment and Inventory
• Working Capital
• Financed through CIT Small Business Lending Corporation

I am pleased to announce the successful closing of an SBA loan for Dr. David Drinkard O.D. for the purchase of a building for his new office. 

Dr. Drinkard, who has practiced in the Walmart building until recently, purchased the Kwik Kleen Laundromat building at 2512 N Hwy 281, in front of Southerlands, and plans to begin construction soon to convert it to his new office. 20/20 Express will include a full laboratory for manufacturing lenses, which will allow Dr. Drinkard to offer one-hour turn around on glasses as well as contact lenses.

Financing, through CIT Small Business Lending Corporation, includes 100% of the real estate purchase as well as funds for remodeling costs, equipment, inventory and working capital. CIT is the nation's #1 ranked SBA Lender with Preferred Lender status. This gives them the authority to make credit decisions and process SBA loans more quickly. Dr. Drinkard's loan was closed in just over 60 days from the date of application.

Provident Mortgage offers SBA and Conventional Commercial Loans through several lenders. Contact me today to speak with your client about Commercial Financing!

Chuck Michie
Mortgage Loan Officer
Office: 830-798-8900
Cell: 830-613-8168
chuck@providentmtgtx.com