Bank Loans for Medical, Dental, and Hospital Equipment and Supplies Wholesalers

Looking for bank loans for medical, dental, and hospital equipment and supplies wholesalers? Try the SBA. This $523,800 medical, dental, and hospital equipment and supplies wholesalers loan was issued by a California bank.

Traatek Inc received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank Of The West, out of San Francisco, California. The loan was granted and they received $523,800 to help grow their Miami, Florida business.

SBA Loan Borrower

TRAATEK INC
3785 NW 82 AVENUE SUITE 310
MIAMI, FL 33166

SBA Loan Lender

BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104

This lender provides SBA small 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

421450 - Medical, Dental, and Hospital Equipment and Supplies Wholesalers

Loan Approval Date

9/24/2002

Loan Approval Gross Amount

$523,800

Loan Approval from the SBA

Of the total $523,800 loan amount, the SBA guaranteed $392,850.

More Information on This SBA Loan

The borrower, Traatek Inc, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this Traatek Inc loan from Bank Of The West so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

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

Related Links:

Business Credit Evaluation

SBA Participating Banks in San Francisco, California

SBA Lenders in California

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