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.
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