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SBA Lender Miami Florida

 

 
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Small Business Loans for Offices of Dentists

Looking for small business loans for offices of dentists? Try the SBA. This $972,000 offices of dentists loan was issued by a New Jersey bank.

The Family Dental Group knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Cit Small Business Lending Corp, based in Livingston, New Jersey.

SBA Loan Borrower

THE FAMILY DENTAL GROUP
2645 DOUGLAS RD UNIT # 303
MIAMI, FL 33133

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Offices of Dentists

Loan Approval Date

10/20/2005

Loan Approval Gross Amount

$972,000

Loan Approval from the SBA

Of the total $972,000 loan amount, the SBA guaranteed $729,000.

More Information on This SBA Loan

The borrower, The Family Dental Group, 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 12 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. If a firm like The Family Dental Group is able to get a $972,000 loan, why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Borrowing Money from Friends and Family

Good Banks for Small Business in Livingston, New Jersey

New Jersey SBA 7A Banks

 

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