Where to Get Capital for Dentists
Looking for small business loans for dentists? Talk to a banker who works with the SBA. This $503,000 dentists loan was issued by a Washington bank.
This company knew how to go about getting a business bank loan. Based in Lynnwood, Washington, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was The Bank Of Washington, based in Lynnwood, Washington.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
LYNNWOOD, WA 98037
SBA Loan Lender
THE BANK OF WASHINGTON
5901 196TH ST SW
LYNNWOOD, WA 98036
This SBA loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a deep knowledge SBA lending rules and regulations.
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
2/14/2000
Loan Approval Gross Amount
$503,000
Loan Approval from the SBA
Of the total $503,000 loan amount, the SBA guaranteed $377,250.
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. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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 - Getting Venture Capital
Good Banks for Small Business in Lynnwood, Washington
SBA Participating Banks in Washington