Financing for Dentists
Looking for commercial loans for dentists? The SBA may be the answer. This $620,000 dentists loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Pacific State Bank, out of Stockton, California. The loan was granted and they received $620,000 to help grow their Stockton, California business.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
STOCKTON, CA 95219
SBA Loan Lender
PACIFIC STATE BANK
1889 W MARCH LN
STOCKTON, CA 95207
This lender issued this small business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
5/3/2005
Loan Approval Gross Amount
$620,000
Loan Approval from the SBA
Of the total $620,000 loan amount, the SBA guaranteed $465,000.
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 8 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $620,000 loan. Remember, things become real when you believe you can achieve them!
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:
Financing Your Business
Small Business Banks in Stockton, California
California SBA 7A Lenders