Greater Bay Bank SBA Loan to Dentists Company

An SBA loan from Greater Bay Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Milton (town Of), Massachusetts business owner got a $262,400 loan.

Getting a small business loan in Milton (town Of), Massachusetts was an essential business goal for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Greater Bay Bank, operating out of Palo Alto, California. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
MILTON (TOWN OF), MA 02168

SBA Loan Lender

GREATER BAY BANK
420 COWPER ST
PALO ALTO, CA 94301

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

7/28/2006

Loan Approval Gross Amount

$262,400

Loan Approval from the SBA

Of the total $262,400 loan amount, the SBA guaranteed $196,800.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 4 new jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Milton (town Of) MA, you ought to talk with a local Milton (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Milton (town Of) businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Microlending as a Small Business Funding Source

Small Bank Loans in Palo Alto, California

SBA Lenders in California