Getting an SBA Loan for Dentists

With these commercial loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $330,716 was given to an Illinois entrepreneur in 2005.

Getting a small business loan in Naperville, Illinois was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Standard Bank & Trust, operating out of Hickory Hills, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
NAPERVILLE, IL 60540

SBA Loan Lender

STANDARD BANK & TRUST
7800 W 95TH ST
HICKORY HILLS, IL 60457

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

9/27/2005

Loan Approval Gross Amount

$330,716

Loan Approval from the SBA

Of the total $330,716 loan amount, the SBA guaranteed $248,037.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find business people willing to loan money, 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.

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SBA 7A Lenders in Hickory Hills, Illinois

Illinois SBA 7A Lenders