Borrowing Money for Chiropractors
Looking for loans for chiropractors? Talk to a banker who works with the SBA. This $75,000 chiropractors loan was issued by a Missouri bank.
Getting a small business loan in Gladstone, Missouri was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First Community Bank, operating out of Lee's Summit, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
GLADSTONE, MO 64118
SBA Loan Lender
FIRST COMMUNITY BANK
301 S E MAIN ST
LEE'S SUMMIT, MO 64063
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
5/7/2001
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
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 only one employee. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This SBA loan was for $75,000. How would you spend $75,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Obtaining Funding From a Venture Capitalist
Best Banks in Lee's Summit, Missouri
SBA Lenders in Missouri