Get an SBA Loan for Dentists
With these bank loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $411,000 was given to a Missouri entrepreneur in 2000.
This company knew how to go about getting a business bank loan. Based in St. Peters, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Cbc Bank, based in Bowling Green, Missouri.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
ST. PETERS, MO 63376
SBA Loan Lender
CBC BANK
BUSINESS 61 & 54
BOWLING GREEN, MO 63334
This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8021 - Offices and Clinics of Dentists
NAICS Code
621210 - Dentists
Loan Approval Date
9/29/2000
Loan Approval Gross Amount
$411,000
Loan Approval from the SBA
Of the total $411,000 loan amount, the SBA guaranteed $308,250.
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 8 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Cbc Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Cbc Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Attracting Investors
Banks in Bowling Green, Missouri
Missouri SBA 7A Lenders