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December 19, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Cleveland, Business Loans > Rbs Citizens Cleveland Business Loans > Dentists Loan | ||||
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SBA Lenders for Canton, Michigan Small Business Owners
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Rbs Citizens Gives Business Loan to Dentists CompanyWant a Michigan small business loan? This Michigan entrepreneur got a small business loan, provided by an Ohio bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Canton, Michigan by studying this loan to a local company, made back in 2001. Banks like Rbs Citizens may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender RBS CITIZENS This commercial 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 6/29/2001 Loan Approval Gross Amount $192,500 Loan Approval from the SBA Of the total $192,500 loan amount, the SBA guaranteed $144,375. 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 only one employee. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Rbs Citizens had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Rbs Citizens made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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 - Getting Venture Capital Where to Get an SBA Loan in Cleveland, Ohio
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