Raising Money for Chiropractors

With these bank loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $40,000 was given to a Nebraska entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Elkhorn, Nebraska was able to borrow $40,000 from Union Bank And Trust Company. The SBA made the loan possible by guaranteeing $34,000 of this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
ELKHORN, NE 68802

SBA Loan Lender

UNION BANK AND TRUST COMPANY
3643 S 48TH ST
LINCOLN, NE 68506

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

4/18/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the borrowed money would help create 2 new jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Business Credit Evaluation

Where to Get an SBA Loan in Lincoln, Nebraska

Getting an SBA Loan in Nebraska