Business Loans for Chiropractors
Looking for business loans for chiropractors? An SBA loan may be just what you've been looking for. This $26,000 chiropractors loan was issued by a Kansas bank.
This small business knew how to go about getting a business bank loan. Based in Emporia, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Olpe State Bank, based in Olpe, Kansas.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
EMPORIA, KS 66801
SBA Loan Lender
OLPE STATE BANK
202 WESTPHALIA
OLPE, KS 66865
This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621310 - Chiropractors
Loan Approval Date
4/11/2001
Loan Approval Gross Amount
$26,000
Loan Approval from the SBA
Of the total $26,000 loan amount, the SBA guaranteed $22,100.
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 only one employee. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
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.
We've showcased information on this loan to let you know that businesses like yours 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:
Banking Deregulation's Effects on Entrepreneurship
SBA Participating Banks in Olpe, Kansas
SBA Lenders in Kansas