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November 22, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Lewistown, Business Loans > Basin State Bank Lewistown Business Loans > Dentists Loan | ||||
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Lewistown, Montana Bank Loan
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Getting an SBA Loan for DentistsLooking for commercial loans for dentists? Try the SBA. This $20,000 dentists loan was issued by a Montana bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lewistown, Montana was able to borrow $20,000 from Basin State Bank. The SBA made the loan possible by guaranteeing $17,000 of this Montana small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender BASIN STATE BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 8/22/2003 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $17,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Small Business Banks in Lewistown, Montana Getting a Business Loan in Montana
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