Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Laguna Beach, California and We Got One!

 

 
Loan Census SBA Loan Info

Dentists SBA Loans

Looking for SBA loans for dentists? Talk to a banker who works with the SBA. This $1,901,000 dentists loan was issued by a Connecticut bank.

Getting a small business loan in Laguna Beach, California was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Windsor, Connecticut. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
LAGUNA BEACH, CA 92637

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

12/28/2005

Loan Approval Gross Amount

$1,901,000

Loan Approval from the SBA

Of the total $1,901,000 loan amount, the SBA guaranteed $1,425,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. The SBA loan application for the borrower indicated that the loan would help retain 11 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Choosing VC Firms

Where to Get an SBA Loan in Windsor, Connecticut

Find an SBA Lender in Connecticut