Dentists Commercial Loans
Looking for commercial loans for dentists? Talk to a banker who works with the SBA. This $610,600 dentists loan was issued by an Arizona bank.
This business knew how to go about getting a business bank loan. Based in Gilbert, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was National Bank Of Arizona, based in Phoenix, Arizona.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
GILBERT, AZ 85233
SBA Loan Lender
NATIONAL BANK OF ARIZONA
6001 N 24TH ST
PHOENIX, AZ 85016
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
11/21/2003
Loan Approval Gross Amount
$610,600
Loan Approval from the SBA
Of the total $610,600 loan amount, the SBA guaranteed $457,950.
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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into National Bank Of Arizona and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Advice on Getting a Small Business Loan
SBA 7A Banks for Phoenix, Arizona Loans
SBA Arizona Banks