Raising Money for Dental Equipment and Supplies Manufacturing
With these business loans for dental equipment and supplies manufacturing, the SBA guarantees the lender that the loan will be repaid. This dental equipment and supplies manufacturing loan for $846,000 was given to a California entrepreneur in 2006.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Hanmi Bank, out of Los Angeles, California. The loan was granted and they received $846,000 to help grow their Fremont, California business.
SBA Loan Borrower
COMPANY TYPE: DENTAL EQUIPMENT AND SUPPLIES MANUFACTURING
Fremont, CA 94538
SBA Loan Lender
HANMI BANK
3245 WILSHIRE BLVD
LOS ANGELES, CA 90010
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339114 - Dental Equipment and Supplies Manufacturing
Loan Approval Date
9/26/2006
Loan Approval Gross Amount
$846,000
Loan Approval from the SBA
Of the total $846,000 loan amount, the SBA guaranteed $634,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 19 employees. This SBA loan request indicated that the loan would help retain 19 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
While you may be able to find business people willing to loan money, 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.
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SBA Participating Banks in California