Dentists Commercial Loans
Looking for commercial loans for dentists? An SBA loan may be just what you've been looking for. This $298,500 dentists loan was issued by a Michigan bank.
This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Irwin Union Bank & Trust, out of Traverse City, Michigan. The loan was granted and they received $298,500 to help grow their Lowell, Michigan business.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
LOWELL, MI 49331
SBA Loan Lender
IRWIN UNION BANK & TRUST
333 W GRANDVIEW PKWY, STE 110
TRAVERSE CITY, MI 49684
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
6/4/2007
Loan Approval Gross Amount
$298,500
Loan Approval from the SBA
Of the total $298,500 loan amount, the SBA guaranteed $223,875.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Next Steps for Getting an SBA Loan
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
We can help you find the best banks for small businesses in Lowell or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
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Small Business Banks in Traverse City, Michigan
SBA Michigan Lenders