Offices of Dentists Loans

With these loans for offices of dentists, the SBA guarantees the lender that the loan will be repaid. This offices of dentists loan for $100,000 was given to a Virginia entrepreneur in 2004.

Martin J. Menges, Jr. Dba Mart received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Capital One, out of Mclean, Virginia. The loan was granted and they received $100,000 to help grow their Newport News, Virginia business.

SBA Loan Borrower

Martin J. Menges, Jr. dba Mart
12528 Warwick Blvd.
Newport News, VA 23606

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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 - Offices of Dentists

Loan Approval Date

9/29/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower, Martin J. Menges, Jr. Dba Mart, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Your solution for where to find money to start a business may be an SBA guaranteed loan. Martin J. Menges, Jr. Dba Mart recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

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

Related Links:

Obtaining Funding - Friends and Family

SBA 7A Lenders in Mclean, Virginia

Virginia SBA 7A Lenders

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