SBA Loans for Chiropractors

Looking for SBA loans for chiropractors? Try the SBA. This $90,750 chiropractors loan was issued by an Iowa bank.

Getting a small business loan in Cedar Rapids, Iowa was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Family Merchants Bank, operating out of Cedar Rapids, Iowa. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
CEDAR RAPIDS, IA 52402

SBA Loan Lender

FAMILY MERCHANTS BANK
600 BOYSON RD
CEDAR RAPIDS, IA 52402

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

5/18/2006

Loan Approval Gross Amount

$90,750

Loan Approval from the SBA

Of the total $90,750 loan amount, the SBA guaranteed $77,137.

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 loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $90,750 loan. Remember, if it to be, it is up to me!

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:

Small Business Credit Cards

Where to Get an SBA Loan in Cedar Rapids, Iowa

SBA Lenders in Iowa