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May 12, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Flint, Business Loans > Citizens Bank Flint Business Loans > Dentists Loan | ||||
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Flint, Michigan SBA Lenders
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Flint, Michigan Bank Gives SBA Loan to Dentists CompanyWant to talk with a Flint, Michigan bank about an SBA loan? Here's one Michigan business loan, issued by a Flint bank, that was approved by the SBA. Applying for an SBA loan with Citizens Bank worked out well for our friends at one local firm in Livonia, Michigan. They got an SBA loan for $328,500. Great job! SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender CITIZENS BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 1/5/2006 Loan Approval Gross Amount $328,500 Loan Approval from the SBA Of the total $328,500 loan amount, the SBA guaranteed $246,375. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The loan application indicated that the loan would help retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $328,500 loan. Remember, if it to be, it is up to me! 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: SBA Participating Banks in Flint, Michigan
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