Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Advice for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Dentists Bank Loans

With these bank loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $305,000 was given to a Georgia entrepreneur in 2003.

Getting a small business loan in Suwanee, Georgia was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Atlanta Business Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
SUWANEE, GA 30328

SBA Loan Lender

ATLANTA BUSINESS BANK
5660 NEW NORTHSIDE DR, STE 20
ATLANTA, GA 30328

This loan 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.

NAICS Code

621210 - Dentists

Loan Approval Date

3/21/2003

Loan Approval Gross Amount

$305,000

Loan Approval from the SBA

Of the total $305,000 loan amount, the SBA guaranteed $228,750.

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 only one employee. The SBA loan documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

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 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:

Direct Public Offerings

Banks in Atlanta, Georgia

SBA Lenders in Georgia