Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

Birmingham, Alabama SBA Banks

 

 
Loan Census SBA Loan Info

Birmingham, Alabama Bank Gives SBA Loan to Dentists Company

Get business loans from a Birmingham, Alabama bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Compass Bank is a Birmingham, Alabama small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
DENVER, CO 80202

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

This loan for a small business 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

10/19/2001

Loan Approval Gross Amount

$262,000

Loan Approval from the SBA

Of the total $262,000 loan amount, the SBA guaranteed $196,500.

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 5 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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