Dentists Business Loans

With these business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $228,700 was given to a New Mexico entrepreneur in 2002.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Citizens Bank Of Las Cruces, out of Las Cruces, New Mexico. The loan was granted and they received $228,700 to help grow their Las Cruces, New Mexico business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
LAS CRUCES, NM 88005

SBA Loan Lender

CITIZENS BANK OF LAS CRUCES
505 S MAIN ST, LORETTO CTR #5
LAS CRUCES, NM 88001

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

11/26/2002

Loan Approval Gross Amount

$228,700

Loan Approval from the SBA

Of the total $228,700 loan amount, the SBA guaranteed $171,525.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 7 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Las Cruces NM, you ought to talk with a local Las Cruces SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Las Cruces businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Citizens Bank Of Las Cruces so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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