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May 2, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Winston Salem, Business Loans > Wachovia Bank Winston Salem Business Loans > Dentists Loan | ||||
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SBA 7A Banks in Georgia
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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 $128,500 was given to a Georgia entrepreneur in 2002. This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Wachovia Bank, out of Winston Salem, North Carolina. The loan was granted and they received $128,500 to help grow their Kennesaw, Georgia business. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender WACHOVIA BANK This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621210 - Dentists Loan Approval Date 1/17/2002 Loan Approval Gross Amount $128,500 Loan Approval from the SBA Of the total $128,500 loan amount, the SBA guaranteed $64,250. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to find other ways to get money to start a business, 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: Microlending as a Small Business Funding Source Best Winston Salem, North Carolina Banks for Small Business Getting an SBA Loan in North Carolina
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