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November 15, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Georgetown, Business Loans > Union State Bank Georgetown Business Loans > Chiropractors Loan | ||||
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How to Get SBA Loans in Arlington, Texas
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SBA Loans for ChiropractorsLooking for SBA loans for chiropractors? Try the SBA. This $50,000 chiropractors loan was issued by a Texas bank. This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Union State Bank, out of Georgetown, Texas. The loan was granted and they received $50,000 to help grow their Arlington, Texas business. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender UNION STATE BANK This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621310 - Chiropractors Loan Approval Date 9/5/2001 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Small Business Banks in Georgetown, Texas
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