Getting an SBA Loan for Dentists

Looking for commercial loans for dentists? An SBA loan may be just what you've been looking for. This $86,400 dentists loan was issued by a Nebraska bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Auburn State Bank, out of Auburn, Nebraska. The loan was granted and they received $86,400 to help grow their Auburn, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
AUBURN, NE 68305

SBA Loan Lender

AUBURN STATE BANK
1212 'J' ST
AUBURN, NE 68305

This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

5/14/2001

Loan Approval Gross Amount

$86,400

Loan Approval from the SBA

Of the total $86,400 loan amount, the SBA guaranteed $73,440.

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 3 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Small Business Credit Cards

SBA Approved Banks in Auburn, Nebraska

SBA Lenders in Nebraska