Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Columbia, Missouri Bank for SBA Loans

 

 
Loan Census SBA Loan Info

SBA Loans for Chiropractors

With these SBA loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $15,000 was given to a Missouri entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbia, Missouri was able to borrow $15,000 from Associated Bank. The SBA made the loan possible by guaranteeing $7,500 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
Columbia, MO 65203

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

9/13/2007

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

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

SBIR Funding

Banks in Green Bay, Wisconsin

Where to Get an SBA Loan Wisconsin