Raising Money for Dentists
With these business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $167,334 was given to a Wisconsin entrepreneur in 2003.
Getting a small business loan in Glendale, Wisconsin was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from National City Bank, operating out of Clarendon Hills, Illinois. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
GLENDALE, WI 53217
SBA Loan Lender
NATIONAL CITY BANK
55TH & HOLMES
CLARENDON HILLS, IL 60514
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8021 - Offices and Clinics of Dentists
NAICS Code
621210 - Dentists
Loan Approval Date
7/14/2003
Loan Approval Gross Amount
$167,334
Loan Approval from the SBA
Of the total $167,334 loan amount, the SBA guaranteed $125,501.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
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 National City 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.
Related Links:
Alternative Financing
SBA Approved Banks in Clarendon Hills, Illinois
SBA Lenders in Illinois