Financing for Dentists
With these commercial loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $210,000 was given to an Idaho entrepreneur in 2003.
This business knew how to go about getting a business bank loan. Based in Nampa, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Idaho Independent Bank, based in Nampa, Idaho.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
NAMPA, ID 83686
SBA Loan Lender
IDAHO INDEPENDENT BANK
804 12TH AVE SOUTH
NAMPA, ID 83651
This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
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
7/15/2003
Loan Approval Gross Amount
$210,000
Loan Approval from the SBA
Of the total $210,000 loan amount, the SBA guaranteed $157,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 12 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Idaho Independent Bank and they will explain how you can get an SBA loan for your company.
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 - Friends and Family
SBA 7A Lenders in Nampa, Idaho
Idaho SBA Banks