Dentists Small Business Loans

Looking for small business loans for dentists? The SBA may be the answer. This $245,000 dentists loan was issued by a New Jersey bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santa Fe, New Mexico was able to borrow $245,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $183,750 of this New Mexico small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
SANTA FE, NM 87505

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

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

11/28/2003

Loan Approval Gross Amount

$245,000

Loan Approval from the SBA

Of the total $245,000 loan amount, the SBA guaranteed $183,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs.

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

If you are raising money in Santa Fe NM, you ought to talk with a local Santa Fe SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Santa Fe businesses.

We can help you find the best banks for small businesses in Santa Fe or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Debt Financing

SBA Participating Banks in Livingston, New Jersey

Getting an SBA Loan in New Jersey