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May 11, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Troy, Business Loans > Lasalle Bank Midwest Troy Business Loans > Dentists Loan | ||||
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Cassopolis, Michigan Bank Loan
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Borrowing Money for DentistsLooking for small business loans for dentists? Talk to a banker who works with the SBA. This $389,200 dentists loan was issued by a Michigan bank. Getting a small business loan in Cassopolis, Michigan was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Lasalle Bank Midwest, operating out of Troy, Michigan. Here are the details on this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender LASALLE BANK MIDWEST The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 7/23/2004 Loan Approval Gross Amount $389,200 Loan Approval from the SBA Of the total $389,200 loan amount, the SBA guaranteed $291,900. 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 5 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Lasalle Bank Midwest so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Best Troy, Michigan Banks for Small Business
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