River Cities Bank SBA Loan to Offices And Clinics Of Dentists Company

An SBA loan from River Cities Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Wisconsin Rapids, Wisconsin business owner got a $150,000 loan.

This growing company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with River Cities Bank, out of Wisconsin Rapids, Wisconsin. The loan was granted and they received $150,000 to help grow their Wisconsin Rapids, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
WISCONSIN RAPIDS, WI 54494

SBA Loan Lender

RIVER CITIES BANK
1601 LINCOLN ST
WISCONSIN RAPIDS, WI 54494

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8021 - Offices and Clinics of Dentists

NAICS Code

621210 - Dentists

Loan Approval Date

7/11/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

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.

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