How to Get a Loan for Dentists
With these business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $750,000 was given to an Idaho entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Coeur D'Alene, Idaho was able to borrow $750,000 from Mountain West Bank. The SBA made the loan possible by guaranteeing $562,500 of this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
COEUR D'ALENE, ID 83814
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and are well trained in SBA policies and procedures.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
2/24/2004
Loan Approval Gross Amount
$750,000
Loan Approval from the SBA
Of the total $750,000 loan amount, the SBA guaranteed $562,500.
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 6 employees. This SBA loan request indicated that the funding would help create 8 new jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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