Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Surprise, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

Commercial Loans for Dentists

Looking for commercial loans for dentists? An SBA loan may be just what you've been looking for. This $740,000 dentists loan was issued by a New Jersey bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Surprise, Arizona was able to borrow $740,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $555,000 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
SURPRISE, AZ 85374

SBA Loan Lender

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

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

6/8/2005

Loan Approval Gross Amount

$740,000

Loan Approval from the SBA

Of the total $740,000 loan amount, the SBA guaranteed $555,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Surprise AZ, you ought to talk with a local Surprise SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Surprise businesses.

We've showcased information on this loan to let you know that businesses like yours 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:

Determining Proper Capital Structure for a Business

Where to Get an SBA Loan in Livingston, New Jersey

New Jersey SBA 7A Lenders