California Entrepreneur Secures Financing to Buy Dentpro Franchise
Need a loan to invest in a Dentpro franchise? Wells Fargo Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Hollister, California needed money to invest in a Dentpro franchise back in 2006. Wells Fargo Bank issued an SBA franchise loan. Here are the details on this California small business loan.
SBA Loan Borrower
DENTPRO SOUTH VALLEY INC
HOLLISTER, CA 95023
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
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
811198 - Automotive Repair and Maintenance
Loan Approval Date
7/28/2006
Loan Approval Gross Amount
$213,500
Loan Approval from the SBA
Of the total $213,500 loan amount, the SBA guaranteed $160,125.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Dentpro franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
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 Wells Fargo Bank 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:
DentPro
Small Business Loan
Where to Get an SBA Loan in San Jose, California
SBA California Banks