Dentists Bank Loans

With these bank loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $435,400 was given to a Wisconsin entrepreneur in 2003.

This small firm knew how to go about getting a business bank loan. Based in Princeton, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Hometown Bank, based in Fond Du Lac, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
PRINCETON, WI 54968

SBA Loan Lender

HOMETOWN BANK
80 SHEBOYGAN ST
FOND DU LAC, WI 54935

This business 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

8021 - Offices and Clinics of Dentists

NAICS Code

621210 - Dentists

Loan Approval Date

4/21/2003

Loan Approval Gross Amount

$435,400

Loan Approval from the SBA

Of the total $435,400 loan amount, the SBA guaranteed $326,550.

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 6 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Hometown Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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 Incubators

SBA Banks in Fond Du Lac, Wisconsin

Where to Get an SBA Loan Wisconsin