| Dr. Gregory C. Schlimmer |
 |
Dr. Gregory C. Schlimmer's dream of opening his own dental practice will become a reality in July 2001, the anticipated grand opening of his office in The Enclave at 5525 South Staples.
Dr. Schlimmer received his D.D.S. from University of Texas Health Science Center San Antonio in 2000 and returned home to Corpus Christi in hopes of opening his own practice. He contacted the Del Mar College Small Business Development Center in February 2001, for help in structuring his financials and business plan. SBDC counselor Michael North assisted him in preparing a business plan and loan proposal requesting the necessary funding through the SBA's LowDoc program. |
| Dr. Schlimmer approached AmericanBank for the financing and both the bank and the SBA approved him for the loan enabling Dr. Schlimmer to achieve his dream. In addition to the SBA loan, AmericanBank also approved Dr. Schlimmer for a separate line of credit for his working capital needs. Dr. Schlimmer stated, "I would not have been able to purchase equipment, lease the office, or pay for the finish-out costs without the SBA loan. The 10 year payback terms significantly decreased my monthly loan payment over the other types of loans I was looking into. This is a wonderful service Del Mar is offering." |
|
