Loan Census Banking News and Information
December 23, 2024  
 
 
  Business Loan Information  
 

Is It Possible to Borrow Money for a Franchise in West Bountiful, Utah?

 

 
Loan Census SBA Loan Info

Utah Entrepreneur Secures Financing to Buy Dentpro Franchise

Need money to buy a Dentpro franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Dentpro franchise loans are available to West Bountiful, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in Cincinnati, Ohio, issued an SBA franchise loan for a Dentpro franchise in 2002. We've got all the details on this Utah small business loan.

SBA Loan Borrower

DENT PRO OF NORTHERN UTAH INC
WEST BOUNTIFUL, UT 84401

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

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

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

3/14/2002

Loan Approval Gross Amount

$64,000

Loan Approval from the SBA

Of the total $64,000 loan amount, the SBA guaranteed $48,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Dentpro franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 U.S. Bank National Association 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:

DentPro

Obtaining Funding From a Venture Capitalist

Small Bank Loans in Cincinnati, Ohio

SBA Ohio Lenders