Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Henderson, Nevada Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Henderson, Nevada Bank Lends Money to Offices And Clinics Of Dentists Company in Chelsea, Alabama

Thinking about meeting with a Henderson, Nevada bank about a small business loan? Here's one Alabama business loan, issued by a Henderson bank, that was approved by the SBA.

Applying for an SBA loan with Washington Mutual Bank worked out well for our friends at one local firm in Chelsea, Alabama. The business was able to get an SBA loan for $365,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
CHELSEA, AL 35043

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

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

3/27/2000

Loan Approval Gross Amount

$365,000

Loan Approval from the SBA

Of the total $365,000 loan amount, the SBA guaranteed $273,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

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

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Famous Venture Capitalists

SBA 7A Banks in Henderson, Nevada

Getting an SBA Loan in Nevada