Medical, Dental, and Hospital Equipment and Supplies Wholesalers Small Business Loans

Looking for small business loans for medical, dental, and hospital equipment and supplies wholesalers? Try the SBA. This $75,000 medical, dental, and hospital equipment and supplies wholesalers loan was issued by a Louisiana bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Liberty Bank & Trust Company, out of New Orleans, Louisiana. The loan was granted and they received $75,000 to help grow their Eunice, Louisiana business.

SBA Loan Borrower

COMPANY TYPE: MEDICAL, DENTAL, AND HOSPITAL EQUIPMENT AND SUPPLIES WHOLESALERS
EUNICE, LA 70535

SBA Loan Lender

LIBERTY BANK & TRUST COMPANY
6600 PLAZA DR, STE 108
NEW ORLEANS, LA 70127

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421450 - Medical, Dental, and Hospital Equipment and Supplies Wholesalers

Loan Approval Date

6/24/2002

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Raising Venture Capital

Best Banks in New Orleans, Louisiana

Getting an SBA Loan in Louisiana