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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > New York, Business Loans > Newtek Small Business Finance Inc. New York Business Loans > Dentists Loan | ||||
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Good Banks for Santee Business Owners
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Getting an SBA Loan for DentistsLooking for business loans for dentists? An SBA loan may be just what you've been looking for. This $534,000 dentists loan was issued by a New York bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santee, California was able to borrow $534,000 from Newtek Small Business Finance Inc.. The SBA made the loan possible by guaranteeing $400,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender NEWTEK SMALL BUSINESS FINANCE INC. As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 3/10/2005 Loan Approval Gross Amount $534,000 Loan Approval from the SBA Of the total $534,000 loan amount, the SBA guaranteed $400,500. 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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:
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