Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

I Need Commercial Loans in Richfield, Utah

 

 
Loan Census SBA Loan Info

How to Get a Loan for Dental Laboratories

Looking for SBA loans for dental laboratories? Talk to a banker who works with the SBA. This $480,000 dental laboratories loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Richfield, Utah was able to borrow $480,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $360,000 of this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTAL LABORATORIES
RICHFIELD, UT 84701

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339116 - Dental Laboratories

Loan Approval Date

11/18/2004

Loan Approval Gross Amount

$480,000

Loan Approval from the SBA

Of the total $480,000 loan amount, the SBA guaranteed $360,000.

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 12 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 12 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Banking Deregulation's Effects on Entrepreneurship

Best Banks in San Jose, California

SBA Lenders in California