Loans for Dentists

Looking for loans for dentists? An SBA loan may be just what you've been looking for. This $110,000 dentists loan was issued by a Massachusetts bank.

This small firm knew how to go about getting a business bank loan. Based in Pittsfield, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Pittsfield Co-Operative Bk, based in Pittsfield, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
PITTSFIELD, MA 01201

SBA Loan Lender

PITTSFIELD CO-OPERATIVE BK
70 SOUTH ST
PITTSFIELD, MA 01201

This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

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

8/28/2001

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

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 4 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels 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.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Startup Funding Tip

SBA 7A Banks in Pittsfield, Massachusetts

Massachusetts SBA 7A Lenders