Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Advice for Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Dentists Business Loans

Looking for business loans for dentists? An SBA loan may be just what you've been looking for. This $396,800 dentists loan was issued by a Mississippi bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Pike National Bank, out of Mccomb, Mississippi. The loan was granted and they received $396,800 to help grow their Tylertown, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
TYLERTOWN, MS 39667

SBA Loan Lender

PIKE NATIONAL BANK
350 RAWLS DR
MCCOMB, MS 39648

This SBA 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.

NAICS Code

621210 - Dentists

Loan Approval Date

1/31/2001

Loan Approval Gross Amount

$396,800

Loan Approval from the SBA

Of the total $396,800 loan amount, the SBA guaranteed $297,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 5 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Getting a Small Business Loan

Banks in Mccomb, Mississippi

SBA Lenders in Mississippi