Raising Money for Dentists

With these business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $340,600 was given to a Florida entrepreneur in 2007.

This small business knew how to go about getting a business bank loan. Based in Tampa, Florida, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Greater Bay Bank, based in Palo Alto, California.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
TAMPA, FL 33624

SBA Loan Lender

GREATER BAY BANK
420 COWPER ST
PALO ALTO, CA 94301

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

8/15/2007

Loan Approval Gross Amount

$340,600

Loan Approval from the SBA

Of the total $340,600 loan amount, the SBA guaranteed $255,450.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Greater Bay Bank and they will explain how you can get an SBA loan for your company.

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:

Obtaining Funding - How to Decide How Much to Raise

Who Lends Money to Small Businesses in Palo Alto, California

Where to Get an SBA Loan California