Loans for Chiropractors
Looking for loans for chiropractors? An SBA loan may be just what you've been looking for. This $10,000 chiropractors loan was issued by an Idaho bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Boise (corporate Name Boise Ci, Idaho was able to borrow $10,000 from Mountain West Bank. The SBA made the loan possible by guaranteeing $5,000 of this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
BOISE (CORPORATE NAME BOISE CI, ID 83704
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
621310 - Chiropractors
Loan Approval Date
7/30/2004
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
While you may be able to find other ways to get money to start a business, 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:
Realistic Debt Financing Options
SBA Approved Banks in Coeur D'Alene, Idaho
SBA Participating Banks in Idaho