Raising Money for Dentists

Looking for bank loans for dentists? The SBA may be the answer. This $250,000 dentists loan was issued by a Missouri bank.

Getting a small business loan in Columbia, Missouri was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from The Bank Of Missouri, operating out of Perryville, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
COLUMBIA, MO 65201

SBA Loan Lender

THE BANK OF MISSOURI
18 W STE MARIES ST
PERRYVILLE, MO 63775

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

9/25/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 69 employees. The SBA loan application for the borrower indicated that the loan would help retain 69 existing jobs.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Related Links:

Advice on Getting a Small Business Loan

SBA 7A Banks for Perryville, Missouri Loans

SBA Participating Banks in Missouri