Getting an SBA Loan for Dentists
Looking for SBA loans for dentists? Talk to a banker who works with the SBA. This $188,500 dentists loan was issued by an Utah bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Provo, Utah was able to borrow $188,500 from Central Bank. The SBA made the loan possible by guaranteeing $94,250 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
PROVO, UT 84601
SBA Loan Lender
CENTRAL BANK
75 N UNIVERSITY AVE
PROVO, UT 84601
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
621210 - Dentists
Loan Approval Date
3/30/2005
Loan Approval Gross Amount
$188,500
Loan Approval from the SBA
Of the total $188,500 loan amount, the SBA guaranteed $94,250.
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 8 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Dealing With Venture Capitalists
SBA Approved Banks in Provo, Utah
Utah SBA Banks