Financing for Dentists
With these loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $558,000 was given to an Arizona entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chandler, Arizona was able to borrow $558,000 from National Bank Of Arizona. The SBA made the loan possible by guaranteeing $418,500 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
CHANDLER, AZ 85249
SBA Loan Lender
NATIONAL BANK OF ARIZONA
335 N WILMOT RD
TUCSON, AZ 85711
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
10/11/2007
Loan Approval Gross Amount
$558,000
Loan Approval from the SBA
Of the total $558,000 loan amount, the SBA guaranteed $418,500.
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 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 8 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 National Bank Of Arizona 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:
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Where to Get an SBA Loan in Tucson, Arizona
Find an SBA Lender in Arizona