Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

Best Banks for Santa Cruz Businesses

 

 
Loan Census SBA Loan Info

Dentists Commercial Loans

Looking for commercial loans for dentists? Try the SBA. This $330,500 dentists loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Santa Cruz, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Greater Bay Bank, based in Palo Alto, California.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
SANTA CRUZ, CA 95062

SBA Loan Lender

GREATER BAY BANK
420 COWPER ST
PALO ALTO, CA 94301

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

8/12/2004

Loan Approval Gross Amount

$330,500

Loan Approval from the SBA

Of the total $330,500 loan amount, the SBA guaranteed $247,875.

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 5 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

Realistic Debt Financing Options

SBA 7A Lenders in Palo Alto, California

California SBA Banks