Dentists Loans
Looking for loans for dentists? An SBA loan may be just what you've been looking for. This $235,000 dentists loan was issued by an Ohio bank.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with National City Bank, out of Cleveland, Ohio. The loan was granted and they received $235,000 to help grow their Avon, Ohio business.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
Avon, OH 44011
SBA Loan Lender
NATIONAL CITY BANK
1900 E 9TH ST
CLEVELAND, OH 44114
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
621210 - Dentists
Loan Approval Date
3/18/2005
Loan Approval Gross Amount
$235,000
Loan Approval from the SBA
Of the total $235,000 loan amount, the SBA guaranteed $117,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Obtaining Funding - How to Borrow Money
SBA 7A Banks for Cleveland, Ohio Loans
SBA Lenders in Ohio