Loan Census Banking News and Information
November 16, 2024  
 
 
  Business Loan Information  
 

SBA Lenders That Lend to Delaware Business Owners

 

 
Loan Census SBA Loan Info

Artisans' Bank Gives Business Loan to Chiropractors Company

DelawareBank loans are available to Delaware firms through the SBA. In this case, a Delaware bank provides the loan.

Getting a small business loan in Dover, Delaware was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Artisans' Bank. Here are the details on this Delaware small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
DOVER, DE 19901

SBA Loan Lender

ARTISANS' BANK
223 W NINTH ST
WILMINGTON, DE 19801

This lender issued this particular SBA business 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.

NAICS Code

621310 - Chiropractors

Loan Approval Date

3/26/2004

Loan Approval Gross Amount

$144,900

Loan Approval from the SBA

Of the total $144,900 loan amount, the SBA guaranteed $123,165.

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 3 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Artisans' Bank and they will explain how you can get an SBA loan for your company.

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:

Obtaining Funding From a Venture Capitalist

Find an SBA Lender in Wilmington, Delaware

Browse All Business Loan Sources for Delaware