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May 4, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Granbury, Business Loans > Community Bank Granbury Business Loans > Dentists Loan | ||||
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Addison, Texas Bank for SBA Loans
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Dentists Commercial LoansWith these commercial loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $1,145,300 was given to a Texas entrepreneur in 2004. Getting a small business loan in Addison, Texas was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Community Bank, operating out of Granbury, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender COMMUNITY BANK 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 621210 - Dentists Loan Approval Date 10/8/2004 Loan Approval Gross Amount $1,145,300 Loan Approval from the SBA Of the total $1,145,300 loan amount, the SBA guaranteed $858,975. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Find an SBA Lender in Granbury, Texas
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