Commercial Loans for Dental Laboratories
With these commercial loans for dental laboratories, the SBA guarantees the lender that the loan will be repaid. This dental laboratories loan for $360,000 was given to a Texas entrepreneur in 2002.
Getting a small business loan in Tyler, Texas was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Southside Bank, operating out of Tyler, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTAL LABORATORIES
TYLER, TX 75701
SBA Loan Lender
SOUTHSIDE BANK
1201 S BECKHAM
TYLER, TX 75701
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339116 - Dental Laboratories
Loan Approval Date
6/7/2002
Loan Approval Gross Amount
$360,000
Loan Approval from the SBA
Of the total $360,000 loan amount, the SBA guaranteed $270,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.
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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
The Friends and Family Network
Banks in Tyler, Texas
Texas SBA Banks