Financing for Dentists

With these loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $198,500 was given to a New Mexico entrepreneur in 2000.

This small firm knew how to go about getting a business bank loan. Based in Silver City, New Mexico, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First Savings Bank, based in Silver City, New Mexico.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
SILVER CITY, NM 88061

SBA Loan Lender

FIRST SAVINGS BANK
1221 N HUDSON ST
SILVER CITY, NM 88061

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8021 - Offices and Clinics of Dentists

NAICS Code

621210 - Dentists

Loan Approval Date

11/29/2000

Loan Approval Gross Amount

$198,500

Loan Approval from the SBA

Of the total $198,500 loan amount, the SBA guaranteed $148,875.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Silver City 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:

Small Business Credit Cards

Find an SBA Lender in Silver City, New Mexico

New Mexico SBA 7A Lenders