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May 10, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Stoughton, Business Loans > Evergreen State Bank Stoughton Business Loans > Dentists Loan | ||||
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We Needed a Small Business Loan in Stoughton, Wisconsin and We Got One!
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Raising Money for DentistsLooking for business loans for dentists? Try the SBA. This $335,000 dentists loan was issued by a Wisconsin bank. This small business knew how to go about getting a business bank loan. Based in Stoughton, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Evergreen State Bank, based in Stoughton, Wisconsin. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender EVERGREEN STATE BANK 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 621210 - Dentists Loan Approval Date 4/25/2005 Loan Approval Gross Amount $335,000 Loan Approval from the SBA Of the total $335,000 loan amount, the SBA guaranteed $167,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 7 existing jobs. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding. 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: Obtaining Funding - How to Borrow Money Best Banks in Stoughton, Wisconsin
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