How to Get a Loan for Dental Equipment and Supplies Manufacturing
Looking for business loans for dental equipment and supplies manufacturing? Try the SBA. This $84,500 dental equipment and supplies manufacturing loan was issued by a California bank.
Getting a small business loan in Boise (corporate Name Boise Ci, Idaho was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of San Jose, California. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTAL EQUIPMENT AND SUPPLIES MANUFACTURING
BOISE (CORPORATE NAME BOISE CI, ID 83705
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
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
339114 - Dental Equipment and Supplies Manufacturing
Loan Approval Date
11/19/2001
Loan Approval Gross Amount
$84,500
Loan Approval from the SBA
Of the total $84,500 loan amount, the SBA guaranteed $71,825.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 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.
There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.
Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!
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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Small Business Banks in San Jose, California
Getting a Business Loan in California