Dentists Small Business Loans
With these small business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $382,800 was given to an Alaska entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Eagle River, Alaska was able to borrow $382,800 from Excel National Bank. The SBA made the loan possible by guaranteeing $287,100 of this Alaska small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
EAGLE RIVER, AK 99577
SBA Loan Lender
EXCEL NATIONAL BANK
9701 WILSHIRE BLVD
BEVERLY HILLS, CA 90212
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
8/30/2007
Loan Approval Gross Amount
$382,800
Loan Approval from the SBA
Of the total $382,800 loan amount, the SBA guaranteed $287,100.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. The loan application indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Excel National Bank and they will explain how you can get an SBA loan for your company.
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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