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November 25, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > Saint Cloud, Business Loans > Stearns Bank Saint Cloud Business Loans > Offices And Clinics Of Chiropractors Loan | ||||
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SBA Lenders Minnesota
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Saint Cloud, Minnesota Bank Gives SBA Loan to Offices And Clinics Of Chiropractors CompanyGet small business loans from a Saint Cloud, Minnesota bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Stearns Bank is a Saint Cloud, Minnesota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Idaho company. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS SBA Loan Lender STEARNS BANK This lender issued this particular commercial 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. SIC Code 8041 - Offices and Clinics of Chiropractors NAICS Code 621310 - Chiropractors Loan Approval Date 10/23/2000 Loan Approval Gross Amount $78,300 Loan Approval from the SBA Of the total $78,300 loan amount, the SBA guaranteed $62,640. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for 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 funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 VC Money for Social Networking Companies SBA 7A Banks for Saint Cloud, Minnesota Loans
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