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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Quincy, Business Loans > Plumas Bank Quincy Business Loans > Dentists Loan | ||||
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Grenville, California Bank Loan
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Get an SBA Loan for DentistsWith these small business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $75,000 was given to a California entrepreneur in 2004. Getting a small business loan in Grenville, California was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Plumas Bank, operating out of Quincy, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender PLUMAS BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 8/20/2004 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. 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 2 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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 Plumas Bank 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: Obtaining Funding - Friends and Family
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