Dentists Business Loans

Looking for business loans for dentists? Talk to a banker who works with the SBA. This $579,900 dentists loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Palo Alto, California was able to borrow $579,900 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $434,925 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
PALO ALTO, CA 94301

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

9/23/2003

Loan Approval Gross Amount

$579,900

Loan Approval from the SBA

Of the total $579,900 loan amount, the SBA guaranteed $434,925.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 23 employees. The loan application indicated that the loan would help retain 23 existing jobs.

Getting an SBA Loan For Your Business

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank and they will explain how you can get an SBA loan for your company.

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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