Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Euless, Texas Bank Loan

 

 
Loan Census SBA Loan Info

Borrowing Money for Chiropractors

Looking for small business loans for chiropractors? Talk to a banker who works with the SBA. This $136,600 chiropractors loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Euless, Texas was able to borrow $136,600 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $102,450 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
EULESS, TX 76039

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

12/23/2004

Loan Approval Gross Amount

$136,600

Loan Approval from the SBA

Of the total $136,600 loan amount, the SBA guaranteed $102,450.

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 loan would help retain 2 existing jobs.

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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $136,600 loan. Remember, anyone can do it... so why not you?

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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