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

We Needed an SBA 7A Loan in Tivoli, New York and We Got One!

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Dentists

Looking for loans for dentists? Talk to a banker who works with the SBA. This $206,250 dentists loan was issued by a New York bank.

This company knew how to go about getting a business bank loan. Based in Tivoli, New York, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Rhinebeck Savings Bank, based in Rhinebeck, New York.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
TIVOLI, NY 12583

SBA Loan Lender

RHINEBECK SAVINGS BANK
6414 MONTGOMERY ST
RHINEBECK, NY 12572

This lender issued this SBA 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

4/6/2006

Loan Approval Gross Amount

$206,250

Loan Approval from the SBA

Of the total $206,250 loan amount, the SBA guaranteed $154,688.

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 did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Tivoli or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Equity Financing

SBA 7A Lenders in Rhinebeck, New York

Getting an SBA Loan in New York