Financing for Dentists
Looking for loans for dentists? An SBA loan may be just what you've been looking for. This $335,000 dentists loan was issued by a California bank.
This company knew how to go about getting a business bank loan. Based in San Fernando, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Sunwest Bank, based in Tustin, California.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
SAN FERNANDO, CA 91340
SBA Loan Lender
SUNWEST BANK
17542 E 17TH ST
TUSTIN, CA 92780
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.
NAICS Code
621210 - Dentists
Loan Approval Date
3/31/2005
Loan Approval Gross Amount
$335,000
Loan Approval from the SBA
Of the total $335,000 loan amount, the SBA guaranteed $251,250.
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 3 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Sunwest Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Sunwest Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Strategic Investors
Small Bank Loans in Tustin, California
SBA Lenders in California