Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Salinas, California Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Dentpro Franchise

Borrowing money to invest in a Dentpro franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.

Dentpro franchise loans are available to Salinas, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Wells Fargo Bank, based in San Jose, California, issued an SBA franchise loan for a Dentpro franchise in 2004. We've got all the details on this California small business loan.

SBA Loan Borrower

DENT PRO OF SALINAS
SALINAS, CA 93908

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

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

3/26/2004

Loan Approval Gross Amount

$245,500

Loan Approval from the SBA

Of the total $245,500 loan amount, the SBA guaranteed $184,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Dentpro franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We can help you find the best banks for small businesses in Salinas or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

DentPro

Financing Your Business

Small Bank Loans in San Jose, California

California SBA Bank Lenders