Get an SBA Loan for Dentists
Looking for loans for dentists? The SBA may be the answer. This $1,801,960 dentists loan was issued by an Arkansas bank.
This company knew how to go about getting a business bank loan. Based in Bella Vista, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First Western Bank, based in Booneville, Arkansas.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
BELLA VISTA, AR 72712
SBA Loan Lender
FIRST WESTERN BANK
80 W MAIN ST
BOONEVILLE, AR 72927
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
12/30/2004
Loan Approval Gross Amount
$1,801,960
Loan Approval from the SBA
Of the total $1,801,960 loan amount, the SBA guaranteed $1,351,470.
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 6 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Western Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
How to Raise Money
SBA 7A Lenders in Booneville, Arkansas
Arkansas SBA Banks