Borrowing Money for Dentists
With these small business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $511,500 was given to a Georgia entrepreneur in 2007.
This small firm knew how to go about getting a business bank loan. Based in Griffin, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Atlanta Business Bank, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
GRIFFIN, GA 30224
SBA Loan Lender
ATLANTA BUSINESS BANK
5660 NEW NORTHSIDE DR, STE 20
ATLANTA, GA 30328
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
7/10/2007
Loan Approval Gross Amount
$511,500
Loan Approval from the SBA
Of the total $511,500 loan amount, the SBA guaranteed $383,625.
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 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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