California Business Loan Issued to Dentists Company
CaliforniaBank loans are available to California firms through the SBA. In this case, a California bank provides the loan.
Getting a small business loan in Fullerton, California was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Uniti Bank. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
FULLERTON, CA 92831
SBA Loan Lender
UNITI BANK
6301 BEACH BLVD, STE 100
BUENA PARK, CA 90621
This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
1/10/2003
Loan Approval Gross Amount
$562,500
Loan Approval from the SBA
Of the total $562,500 loan amount, the SBA guaranteed $421,875.
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 3 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $562,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
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SBA 7A Lenders in Buena Park, California
Where to Get an SBA Loan California