Raising Money for Chiropractors

Looking for business loans for chiropractors? Try the SBA. This $101,700 chiropractors loan was issued by a Wisconsin bank.

This small business knew how to go about getting a business bank loan. Based in Augusta, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Unity Bank, based in Augusta, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
AUGUSTA, WI 54722

SBA Loan Lender

UNITY BANK
207 W LINCOLN ST
AUGUSTA, WI 54722

This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Chiropractors

Loan Approval Date

10/25/2001

Loan Approval Gross Amount

$101,700

Loan Approval from the SBA

Of the total $101,700 loan amount, the SBA guaranteed $86,445.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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.

We've showcased information on this loan to let you know that businesses like yours 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:

The Friends and Family Network

SBA Banks in Augusta, Wisconsin

Where to Get an SBA Loan Wisconsin