Small Business Loans for Offices of Dentists
With these small business loans for offices of dentists, the SBA guarantees the lender that the loan will be repaid. This offices of dentists loan for $364,500 was given to a Florida entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $364,500 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $273,375 of this Florida small business loan.
SBA Loan Borrower
LUSAKY REAL ESTATE INVESTMENT
8500 W FLAGLER STREET SUITE
MIAMI, FL 33144
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Offices of Dentists
Loan Approval Date
11/29/2001
Loan Approval Gross Amount
$364,500
Loan Approval from the SBA
Of the total $364,500 loan amount, the SBA guaranteed $273,375.
More Information on This SBA Loan
The borrower, Lusaky Real Estate Investment, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. This loan was paid in full, and was closed out on 6/2/2006.
Next Steps for Getting an SBA Loan
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ge Cap. Small Business Finan Corp are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Microlending as a Small Business Funding Source
Who Lends Money to Small Businesses in St. Louis, Missouri
SBA Lenders in Missouri
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