Wilmington, Delaware Bank Lends Money to Chiropractors Company in Bellevue, Washington
A Wilmington, Delaware small business loan can be yours. Learn how one firm got a $1,080,000 business loan from this Delaware bank.
This loan to a local firm is a good example of an SBA loan. Lehman Brothers Bank, Fsb made the loan and the SBA guaranteed a portion of the loan. Many other Washington entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
BELLEVUE, WA 98004
SBA Loan Lender
LEHMAN BROTHERS BANK, FSB
1000 WEST ST, STE 200
WILMINGTON, DE 19801
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621310 - Chiropractors
Loan Approval Date
11/18/2004
Loan Approval Gross Amount
$1,080,000
Loan Approval from the SBA
Of the total $1,080,000 loan amount, the SBA guaranteed $810,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $1,080,000. How would you spend $1,080,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Obtaining Funding - Friends and Family
Where to Get an SBA Loan in Wilmington, Delaware
Find an SBA Lender in Delaware