Chiropractors Small Business Loans

Looking for small business loans for chiropractors? An SBA loan may be just what you've been looking for. This $40,900 chiropractors loan was issued by an Utah bank.

This small firm knew how to go about getting a business bank loan. Based in Cedar City, Utah, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was State Bank Of Southern Utah, based in Cedar City, Utah.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
CEDAR CITY, UT 84720

SBA Loan Lender

STATE BANK OF SOUTHERN UTAH
377 N MAIN ST
CEDAR CITY, UT 84720

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

1/27/2005

Loan Approval Gross Amount

$40,900

Loan Approval from the SBA

Of the total $40,900 loan amount, the SBA guaranteed $34,765.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. State Bank Of Southern Utah had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, State Bank Of Southern Utah made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Raising Venture Capital

Good Banks for Small Business in Cedar City, Utah

Utah SBA Bank Lenders