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

Requirements for Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

Financing for Dentists

Looking for commercial loans for dentists? The SBA may be the answer. This $50,000 dentists loan was issued by a Washington bank.

This business knew how to go about getting a business bank loan. Based in Issaquah, Washington, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Kitsap Bank, based in Port Orchard, Washington.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
ISSAQUAH, WA 98027

SBA Loan Lender

KITSAP BANK
619 BAY ST
PORT ORCHARD, WA 98366

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621210 - Dentists

Loan Approval Date

2/17/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in Issaquah or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Accountant's Role in Securing Financing

SBA 7A Lenders in Port Orchard, Washington

Washington SBA Bank Lenders