Dentists Loans
Looking for loans for dentists? An SBA loan may be just what you've been looking for. This $250,000 dentists loan was issued by an Illinois bank.
This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Harris Cent., out of Roselle, Illinois. The loan was granted and they received $250,000 to help grow their Roselle, Illinois business.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
ROSELLE, IL 60172
SBA Loan Lender
HARRIS CENT.
110 E IRVING PARK RD
ROSELLE, IL 60172
This loan for a small business was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
2/6/2002
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 84 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Harris Cent. 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:
VC Firms on Twitter
Small Business Banks in Roselle, Illinois
SBA Illinois Banks