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November 14, 2024  
 
 
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Loan Census SBA Loan Info

Where to Get Capital for Dentists

Looking for small business loans for dentists? Talk to a banker who works with the SBA. This $490,000 dentists loan was issued by a Maryland bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pasadena, Maryland was able to borrow $490,000 from Susquehanna Bank. The SBA made the loan possible by guaranteeing $367,500 of this Maryland small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
PASADENA, MD 21122

SBA Loan Lender

SUSQUEHANNA BANK
100 WEST RD
BALTIMORE, MD 21204

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

5/22/2003

Loan Approval Gross Amount

$490,000

Loan Approval from the SBA

Of the total $490,000 loan amount, the SBA guaranteed $367,500.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help create 3 new jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Pasadena or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

How to Raise Money

SBA Banks in Baltimore, Maryland

SBA Participating Banks in Maryland