Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Boonville Federal Savings Bank

 

 
Loan Census SBA Loan Info

Business Loan from Boonville Federal Savings Bank Given to Chiropractors Company

Boonville Federal Savings Bank has a track record as a leading provider of SBA loans. Find out how this Indiana entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Boonville, Indiana, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Boonville Federal Savings Bank, based in Boonville, Indiana.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
BOONVILLE, IN 47601

SBA Loan Lender

BOONVILLE FEDERAL SAVINGS BANK
123 N THIRD ST
BOONVILLE, IN 47601

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

1/7/2005

Loan Approval Gross Amount

$97,905

Loan Approval from the SBA

Of the total $97,905 loan amount, the SBA guaranteed $83,219.

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. The SBA loan application for the borrower did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Boonville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Determining Proper Capital Structure for a Business

Small Bank Loans in Boonville, Indiana

Indiana SBA 7A Lenders