Peoples Bank Of Commerce Gives Bank Loan to Chiropractors Company
Looking to get a Minnesota SBA loan? This Minnesota entrepreneur got an SBA loan, provided by a Minnesota bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Brooklyn Park, Minnesota by studying this loan to a local business, made back in 2007. Banks like Peoples Bank Of Commerce may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
BROOKLYN PARK, MN 55444
SBA Loan Lender
PEOPLES BANK OF COMMERCE
234 E 1ST AVE
CAMBRIDGE, MN 55008
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
7/27/2007
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $59,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start business in Brooklyn Park MN, you ought to talk with a local Brooklyn Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brooklyn Park businesses.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
How Equity Dilution Works
Banks in Cambridge, Minnesota
SBA Minnesota Lenders