Get an SBA Loan for Dental Laboratories
Looking for small business loans for dental laboratories? Try the SBA. This $150,000 dental laboratories loan was issued by a Michigan bank.
This company knew how to go about getting a business bank loan. Based in Sault Ste. Marie, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Old Mission Bank, based in Sault Sainte Marie, Michigan.
SBA Loan Borrower
COMPANY TYPE: DENTAL LABORATORIES
SAULT STE. MARIE, MI 49783
SBA Loan Lender
OLD MISSION BANK
2701 I-75 BUSINESS SPUR
SAULT SAINTE MARIE, MI 49783
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
339116 - Dental Laboratories
Loan Approval Date
10/13/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to borrow money from friends and family, 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:
Small Business Credit Cards
Best Banks for Small Business in Sault Sainte Marie, Michigan
Browse All Business Loan Sources for Michigan