Loan Census Banking News and Information
December 22, 2024  
 
 
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1st Pacific Bank Of California Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Dentists

With these small business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $1,131,000 was given to a California entrepreneur in 2001.

This company knew how to go about getting a business bank loan. Based in La Mesa, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was 1st Pacific Bank Of California, based in San Diego, California.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
LA MESA, CA 91941

SBA Loan Lender

1ST PACIFIC BANK OF CALIFORNIA
9333 GENESEE AVE, STE 300
SAN DIEGO, CA 92121

This small business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

8/31/2001

Loan Approval Gross Amount

$1,131,000

Loan Approval from the SBA

Of the total $1,131,000 loan amount, the SBA guaranteed $848,250.

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 14 employees. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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