Business Loans for Dental Equipment and Supplies Manufacturing

Looking for business loans for dental equipment and supplies manufacturing? Talk to a banker who works with the SBA. This $20,225 dental equipment and supplies manufacturing loan was issued by an Alabama bank.

This small business knew how to go about getting a business bank loan. Based in Hooper City, Alabama, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Wachovia Bank, based in Birmingham, Alabama.

SBA Loan Borrower

COMPANY TYPE: DENTAL EQUIPMENT AND SUPPLIES MANUFACTURING
HOOPER CITY, AL 35244

SBA Loan Lender

WACHOVIA BANK
420 N 20TH ST
BIRMINGHAM, AL 35203

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

339114 - Dental Equipment and Supplies Manufacturing

Loan Approval Date

11/29/2002

Loan Approval Gross Amount

$20,225

Loan Approval from the SBA

Of the total $20,225 loan amount, the SBA guaranteed $10,112.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wachovia Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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