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May 3, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Offices And Clinics Of Dentists Loan | ||||
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Raising Money in Paris, Maine With SBA Loans
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Paris, Maine Entrepreneur Gets a Small Business LoanMaineSmall business loans are available to Maine small business owners through the SBA. In this case, a New Jersey bank provides the loan. You can learn something about getting a small business loan in Paris, Maine by studying this loan to a local company, made back in 2002. Banks like Cit Small Business Lending Corp may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8021 - Offices and Clinics of Dentists NAICS Code 621210 - Dentists Loan Approval Date 6/6/2002 Loan Approval Gross Amount $566,000 Loan Approval from the SBA Of the total $566,000 loan amount, the SBA guaranteed $424,500. 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 7 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Banks in Livingston, New Jersey Getting an SBA Loan in New Jersey
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