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 $272,100 was given to a Texas entrepreneur in 2003.
Getting a small business loan in League City, Texas was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Amegy Bank, operating out of League City, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
LEAGUE CITY, TX 77573
SBA Loan Lender
AMEGY BANK
305 E MAIN
LEAGUE CITY, TX 77573
This lender issued this loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8021 - Offices and Clinics of Dentists
NAICS Code
621210 - Dentists
Loan Approval Date
3/10/2003
Loan Approval Gross Amount
$272,100
Loan Approval from the SBA
Of the total $272,100 loan amount, the SBA guaranteed $204,075.
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 8 employees. The loan application did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Amegy Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Amegy Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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