Financing for Dentists
Looking for loans for dentists? Talk to a banker who works with the SBA. This $250,000 dentists loan was issued by an Oklahoma bank.
This company knew how to go about getting a business bank loan. Based in Oklahoma City, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Onb Bank And Trust Company, based in Tulsa, Oklahoma.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
OKLAHOMA CITY, OK 73120
SBA Loan Lender
ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to American small businesses.
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
1/2/2002
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 4 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Onb Bank And Trust Company so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Business Credit Evaluation
SBA Approved Banks in Tulsa, Oklahoma
Getting a Business Loan in Oklahoma