Dentists Loans

Looking for loans for dentists? The SBA may be the answer. This $456,538 dentists loan was issued by a Wisconsin bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Isb Community Bank, out of Oconomowoc, Wisconsin. The loan was granted and they received $456,538 to help grow their Oconomowoc, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
OCONOMOWOC, WI 53066

SBA Loan Lender

ISB COMMUNITY BANK
1223 E SUMMIT AVE
OCONOMOWOC, WI 53066

This SBA bank 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

8041 - Offices and Clinics of Chiropractors

NAICS Code

621210 - Dentists

Loan Approval Date

5/31/2005

Loan Approval Gross Amount

$456,538

Loan Approval from the SBA

Of the total $456,538 loan amount, the SBA guaranteed $342,404.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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:

Determining Proper Capital Structure for a Business

SBA 7A Banks for Oconomowoc, Wisconsin Loans

Wisconsin SBA Banks