Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Laurel, Maryland Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Raising Money for Dentists

Looking for bank loans for dentists? Talk to a banker who works with the SBA. This $145,000 dentists loan was issued by a Maryland bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Eaglebank, out of Bethesda, Maryland. The loan was granted and they received $145,000 to help grow their Laurel, Maryland business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
LAUREL, MD 20707

SBA Loan Lender

EAGLEBANK
7815 WOODMONT AVE
BETHESDA, MD 20814

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

9/6/2006

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $108,750.

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 generate 3 new jobs and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Eaglebank and they will explain how you can get an SBA loan for your company.

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:

Business Credit Evaluation

SBA Participating Banks in Bethesda, Maryland

Find an SBA Lender in Maryland