SBA Loan from Premier Comm. Bank Helps Dentists Company
An SBA loan from Premier Comm. Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Walnut, California business owner got a $1,467,500 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Walnut, California was able to borrow $1,467,500 from Premier Comm. Bank. The SBA made the loan possible by guaranteeing $1,100,625 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
WALNUT, CA 91789
SBA Loan Lender
PREMIER COMM. BANK
2400 E KATELLA AVE, STE 125
ANAHEIM, CA 92806
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
8/1/2005
Loan Approval Gross Amount
$1,467,500
Loan Approval from the SBA
Of the total $1,467,500 loan amount, the SBA guaranteed $1,100,625.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 29 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 29 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 Premier Comm. 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:
Business Incubators
SBA Banks in Anaheim, California
California SBA 7A Lenders