Commercial Loans for Dentists
With these commercial loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $503,000 was given to a California entrepreneur in 2001.
This small business knew how to go about getting a business bank loan. Based in Santa Ana, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was U.S. Bank National Association, based in Cincinnati, Ohio.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
SANTA ANA, CA 92704
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
12/6/2001
Loan Approval Gross Amount
$503,000
Loan Approval from the SBA
Of the total $503,000 loan amount, the SBA guaranteed $377,250.
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 3 employees. The loan application indicated that the funding would help create 3 new jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like U.S. Bank National Association 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.
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