Gulf Coast Bank & Trust SBA Loan to Dentists Company

An SBA loan from Gulf Coast Bank & Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Metairie, Louisiana business owner got a $471,230 loan.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Gulf Coast Bank & Trust, out of New Orleans, Louisiana. The loan was granted and they received $471,230 to help grow their Metairie, Louisiana business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
METAIRIE, LA 70006

SBA Loan Lender

GULF COAST BANK & TRUST
200 ST. CHARLES AVE
NEW ORLEANS, LA 70130

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

5/3/2001

Loan Approval Gross Amount

$471,230

Loan Approval from the SBA

Of the total $471,230 loan amount, the SBA guaranteed $353,422.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

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The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We've showcased information on this loan to let you know that businesses like yours 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.

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