Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Banks for Hatillo, Small Businesses

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Dentists

Looking for small business loans for dentists? Try the SBA. This $100,000 dentists loan was issued by a bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hatillo, was able to borrow $100,000 from Banco Bilbao Vizcaya Argentari. The SBA made the loan possible by guaranteeing $75,000 of this small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
HATILLO, PR 00659

SBA Loan Lender

BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936

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

9/12/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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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