Dentists Loans
With these loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $422,000 was given to an Oklahoma entrepreneur in 2003.
This small firm 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 2003. The lending bank was Stillwater National Bank & Trust, based in Stillwater, Oklahoma.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
OKLAHOMA CITY, OK 73132
SBA Loan Lender
STILLWATER NATIONAL BANK & TRUST
608 S MAIN
STILLWATER, OK 74074
This loan for a small business was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response.
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
8/27/2003
Loan Approval Gross Amount
$422,000
Loan Approval from the SBA
Of the total $422,000 loan amount, the SBA guaranteed $316,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 5 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $422,000 loan. Remember, things become real when you believe you can achieve them!
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:
The Friends and Family Network
SBA 7A Banks for Stillwater, Oklahoma Loans
Find an SBA Lender in Oklahoma