Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Business Loans for Dubuque Small Businesses

 

 
Loan Census SBA Loan Info

Chiropractors Bank Loans

Looking for bank loans for chiropractors? Talk to a banker who works with the SBA. This $86,900 chiropractors loan was issued by an Iowa bank.

Getting a small business loan in Dubuque, Iowa was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Dutrac Community Cu, operating out of Dubuque, Iowa. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
DUBUQUE, IA 52002

SBA Loan Lender

DUTRAC COMMUNITY CU
3465 ASBURY
DUBUQUE, IA 52002

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

10/21/2004

Loan Approval Gross Amount

$86,900

Loan Approval from the SBA

Of the total $86,900 loan amount, the SBA guaranteed $73,865.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Dutrac Community Cu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Dutrac Community Cu made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Microlending as a Small Business Funding Source

Where to Get an SBA Loan in Dubuque, Iowa

Getting a Business Loan in Iowa