Loan Census Banking News and Information
May 11, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Rochester Business Owners

 

 
Loan Census SBA Loan Info

SBA Loans for Dental Laboratories

Looking for SBA loans for dental laboratories? Talk to a banker who works with the SBA. This $30,000 dental laboratories loan was issued by an Ohio bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Finan Bank, out of Hamilton, Ohio. The loan was granted and they received $30,000 to help grow their Rochester, Indiana business.

SBA Loan Borrower

COMPANY TYPE: DENTAL LABORATORIES
ROCHESTER, IN 46975

SBA Loan Lender

FIRST FINAN BANK
300 HIGH ST
HAMILTON, OH 45012

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

339116 - Dental Laboratories

Loan Approval Date

12/5/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 only one employee. The SBA loan application for the borrower indicated that the borrowed money would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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.

Related Links:

Getting a Small Business Loan

SBA Approved Banks in Hamilton, Ohio

Browse All Business Loan Sources for Ohio