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December 22, 2024  
 
 
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What Does It Take to Get a Business Loan in American Fork, Utah?

 

 
Loan Census SBA Loan Info

How to Get a Loan for Dentists

Looking for business loans for dentists? An SBA loan may be just what you've been looking for. This $190,000 dentists loan was issued by an Utah bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bank Of American Fork, out of Sandy, Utah. The loan was granted and they received $190,000 to help grow their American Fork, Utah business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
AMERICAN FORK, UT 84003

SBA Loan Lender

BANK OF AMERICAN FORK
855 EAST 9400 SOUTH
SANDY, UT 84094

This lender issued this debt financing under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

7/29/2004

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

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 did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $190,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Strategic Investors

SBA 7A Banks for Sandy, Utah Loans

SBA Lenders in Utah