Dentists Commercial Loans

With these commercial loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $606,000 was given to a Massachusetts entrepreneur in 2004.

Getting a small business loan in Groton, Massachusetts was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Monadnock Community Bank, operating out of Peterborough, New Hampshire. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
GROTON, MA 01450

SBA Loan Lender

MONADNOCK COMMUNITY BANK
1 JAFFERY RD
PETERBOROUGH, NH 03458

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

11/3/2004

Loan Approval Gross Amount

$606,000

Loan Approval from the SBA

Of the total $606,000 loan amount, the SBA guaranteed $454,500.

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 5 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

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If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Small Business Loan

Banks in Peterborough, New Hampshire

New Hampshire SBA Banks