Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Independence, Missouri and We Got One!

 

 
Loan Census SBA Loan Info

Business Loans for Dentists

Looking for business loans for dentists? Talk to a banker who works with the SBA. This $316,000 dentists loan was issued by a Missouri bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Commerce Bank, out of Kansas City, Missouri. The loan was granted and they received $316,000 to help grow their Independence, Missouri business.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
INDEPENDENCE, MO 64055

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

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

11/28/2001

Loan Approval Gross Amount

$316,000

Loan Approval from the SBA

Of the total $316,000 loan amount, the SBA guaranteed $237,000.

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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.

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