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November 15, 2024  
 
 
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I Need an SBA 7A Loan in Leola, Pennsylvania

 

 
Loan Census SBA Loan Info

Dentists Small Business Loans

Looking for small business loans for dentists? An SBA loan may be just what you've been looking for. This $620,000 dentists loan was issued by a Pennsylvania bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Susquehanna Bank Pa, out of Lititz, Pennsylvania. The loan was granted and they received $620,000 to help grow their Leola, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
LEOLA, PA 17540

SBA Loan Lender

SUSQUEHANNA BANK PA
9 E MAIN ST
LITITZ, PA 17543

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

9/7/2004

Loan Approval Gross Amount

$620,000

Loan Approval from the SBA

Of the total $620,000 loan amount, the SBA guaranteed $465,000.

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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 Susquehanna Bank Pa 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 Line of Credit

SBA 7A Banks in Lititz, Pennsylvania

Getting a Business Loan in Pennsylvania