Financing for Offices of Dentists
Looking for loans for offices of dentists? Talk to a banker who works with the SBA. This $323,000 offices of dentists loan was issued by a New Jersey bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $323,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $242,250 of this Florida small business loan.
SBA Loan Borrower
DAVID CABANZON DDS
20533 OLD CUTLER ROAD
MIAMI, FL 33189
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
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 - Offices of Dentists
Loan Approval Date
7/3/2003
Loan Approval Gross Amount
$323,000
Loan Approval from the SBA
Of the total $323,000 loan amount, the SBA guaranteed $242,250.
More Information on This SBA Loan
The borrower, David Cabanzon Dds, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs. This loan was paid in full, and was closed out on 11/30/2005.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a company in Miami FL, you ought to talk with a local Miami SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Miami businesses.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to David Cabanzon Dds shows that any business with ambition and the right qualifications can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Raising VC Money for Social Networking Companies
SBA Banks in Livingston, New Jersey
Browse All Business Loan Sources for New Jersey
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.