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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Bristol, Business Loans > Valley Bank Bristol Business Loans > Dentists Loan | ||||
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SBA 7A Banks for Cheshire Small Business Owners
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Where to Get Capital for DentistsLooking for small business loans for dentists? Talk to a banker who works with the SBA. This $450,000 dentists loan was issued by a Connecticut bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cheshire, Connecticut was able to borrow $450,000 from Valley Bank. The SBA made the loan possible by guaranteeing $337,500 of this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender VALLEY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 8/3/2006 Loan Approval Gross Amount $450,000 Loan Approval from the SBA Of the total $450,000 loan amount, the SBA guaranteed $337,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Valley Bank 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: Best Bristol, Connecticut Banks for Small Business
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