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May 5, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > New York City, Business Loans > Shinhan Bank America New York City Business Loans > Dentists Loan | ||||
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How to Get SBA Loans in Englewood Cliffs, New Jersey
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Raising Money for DentistsLooking for business loans for dentists? Talk to a banker who works with the SBA. This $350,000 dentists loan was issued by a New York bank. This small business knew how to go about getting a business bank loan. Based in Englewood Cliffs, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Shinhan Bank America, based in New York City, New York. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender SHINHAN BANK AMERICA As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 8/14/2006 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. 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 only one employee. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 5 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Banks in New York City, New York
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