Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Hemet, California Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Dentists

With these small business loans for dentists, the SBA guarantees the lender that the loan will be repaid. This dentists loan for $673,600 was given to a California entrepreneur in 2006.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with California Bank & Trust, out of San Diego, California. The loan was granted and they received $673,600 to help grow their Hemet, California business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
HEMET, CA 92543

SBA Loan Lender

CALIFORNIA BANK & TRUST
11622 EL CAMINO REAL, STE 200
SAN DIEGO, CA 92130

When it made this small business loan, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to ensure expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

12/4/2006

Loan Approval Gross Amount

$673,600

Loan Approval from the SBA

Of the total $673,600 loan amount, the SBA guaranteed $505,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $673,600. How would you spend $673,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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 Loan

Banks in San Diego, California

Getting an SBA Loan in California