Loans for Dentists
With these loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $296,000 was given to an Idaho entrepreneur in 2002.
This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Pacific Continental Bank, out of Eugene, Oregon. The loan was granted and they received $296,000 to help grow their Meridian, Idaho business.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
MERIDIAN, ID 83642
SBA Loan Lender
PACIFIC CONTINENTAL BANK
1450 HIGH ST
EUGENE, OR 97401
This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and a deep knowledge SBA loan requirements.
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
1/4/2002
Loan Approval Gross Amount
$296,000
Loan Approval from the SBA
Of the total $296,000 loan amount, the SBA guaranteed $222,000.
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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $296,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Getting a Small Business Loan
Best Eugene, Oregon Banks for Small Business
Getting an SBA Loan in Oregon