Bank Loans for Dentists
Looking for bank loans for dentists? Talk to a banker who works with the SBA. This $418,500 dentists loan was issued by a Colorado bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Loveland, Colorado was able to borrow $418,500 from First National Bank. The SBA made the loan possible by guaranteeing $313,875 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
LOVELAND, CO 80537
SBA Loan Lender
FIRST NATIONAL BANK
205 W OAK ST
FORT COLLINS, CO 80521
This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, 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.
NAICS Code
621210 - Dentists
Loan Approval Date
12/23/2005
Loan Approval Gross Amount
$418,500
Loan Approval from the SBA
Of the total $418,500 loan amount, the SBA guaranteed $313,875.
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 9 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Obtaining Funding - How to Decide How Much to Raise
SBA Approved Banks in Fort Collins, Colorado
SBA Colorado Banks