SBA Loan from Watertown Savings Bank Helps Chiropractors Company

An SBA loan from Watertown Savings Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Carthage, New York business owner got a $50,000 loan.

This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Watertown Savings Bank, out of Watertown, New York. The loan was granted and they received $50,000 to help grow their Carthage, New York business.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
CARTHAGE, NY 13619

SBA Loan Lender

WATERTOWN SAVINGS BANK
111 CLINTON ST
WATERTOWN, NY 13601

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

9/12/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 4 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Carthage NY, you ought to talk with a local Carthage SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Carthage businesses.

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:

Business Line of Credit

SBA Approved Banks in Watertown, New York

SBA New York Lenders