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.
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California SBA Banks