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 $40,000 was given to a Massachusetts entrepreneur in 2001.

Getting a small business loan in Billerica (billerica Center), Massachusetts was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Manchester, New Hampshire. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
BILLERICA (BILLERICA CENTER), MA 01821

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

6/4/2001

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 12 existing jobs.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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.

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