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March 29, 2024  
 
 
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Where to Get an SBA 7A Loan to Purchase a Franchise

 

 
Loan Census SBA Loan Info

Loan to Buy Comfort Dental Franchise Issued By Advantage Bank

Need money to buy a Comfort Dental franchise? Advantage Bank has a history of making these loans and they are guaranteed by the SBA.

Comfort Dental franchise loans are available to Mount Vernon, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Advantage Bank, based in Cambridge, Ohio, issued an SBA franchise loan for a Comfort Dental franchise in 2007. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

DALE A RIGGS DDS & JULIANA M R
MOUNT VERNON, OH 43050

SBA Loan Lender

ADVANTAGE BANK
814 WHEELING AVE
CAMBRIDGE, OH 43725

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

621210 - Dentists

Loan Approval Date

5/17/2007

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Comfort Dental franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Mount Vernon OH, you ought to talk with a local Mount Vernon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mount Vernon businesses.

This SBA loan was for $75,000. How would you spend $75,000 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:

Alternative Financing

Small Bank Loans in Cambridge, Ohio

Ohio SBA 7A Banks