Get an SBA Loan for Dentists

Looking for small business loans for dentists? Talk to a banker who works with the SBA. This $270,000 dentists loan was issued by a New York bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Batavia, New York was able to borrow $270,000 from The Bank Of Castile. The SBA made the loan possible by guaranteeing $202,500 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
BATAVIA, NY 14530

SBA Loan Lender

THE BANK OF CASTILE
133 N CENTER ST
PERRY, NY 14530

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

6/3/2003

Loan Approval Gross Amount

$270,000

Loan Approval from the SBA

Of the total $270,000 loan amount, the SBA guaranteed $202,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from The Bank Of Castile so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

Find an SBA Lender in Perry, New York

New York SBA 7A Banks