Dentists Commercial Loans
With these commercial loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $224,000 was given to a Montana entrepreneur in 2006.
This business knew how to go about getting a business bank loan. Based in Great Falls, Montana, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Mountain W. Bank, based in Helena, Montana.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
GREAT FALLS, MT 59404
SBA Loan Lender
MOUNTAIN W. BANK
1225 CEDAR
HELENA, MT 59601
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
621210 - Dentists
Loan Approval Date
12/13/2006
Loan Approval Gross Amount
$224,000
Loan Approval from the SBA
Of the total $224,000 loan amount, the SBA guaranteed $168,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower indicated that the funding would help generate 3 new jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
While you may be able to find other ways to get money to start a business, 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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