Where to Get Capital for Dentists
With these SBA loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $505,800 was given to an Oregon entrepreneur in 2004.
This small business knew how to go about getting a business bank loan. Based in Bend, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bank Of The Cascades, based in Bend, Oregon.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
BEND, OR 97701
SBA Loan Lender
BANK OF THE CASCADES
1100 NW WALL ST
BEND, OR 97701
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
5/26/2004
Loan Approval Gross Amount
$505,800
Loan Approval from the SBA
Of the total $505,800 loan amount, the SBA guaranteed $252,900.
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 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Cascades and they will explain how you can get an SBA loan for your company.
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:
Startup Funding Tip
SBA Approved Banks in Bend, Oregon
Oregon SBA Banks