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May 2, 2024 |
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| Home > Small Business Lenders by State > Vermont Business Loan Sources > Palo Alto, Business Loans > Greater Bay Bank Palo Alto Business Loans > Dentists Loan | ||||
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How to Get a Commercial Loan from Greater Bay Bank
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SBA Loan from Greater Bay Bank Helps Dentists CompanyGreater Bay Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Vermont entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Colchester, Vermont was able to borrow $442,200 from Greater Bay Bank. The SBA made the loan possible by guaranteeing $331,650 of this Vermont small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender GREATER BAY BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 12/14/2007 Loan Approval Gross Amount $442,200 Loan Approval from the SBA Of the total $442,200 loan amount, the SBA guaranteed $331,650. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs. 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $442,200 loan. Remember, where there is a will, there is a way! 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: Best Palo Alto, California Banks for Small Business
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