Getting an SBA Loan for Chiropractors
Looking for SBA loans for chiropractors? Talk to a banker who works with the SBA. This $25,000 chiropractors loan was issued by an Oregon bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gresham, Oregon was able to borrow $25,000 from Albina Community Bank. The SBA made the loan possible by guaranteeing $12,500 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
GRESHAM, OR 97080
SBA Loan Lender
ALBINA COMMUNITY BANK
2002 NE MLK JR BLVD
PORTLAND, OR 97212
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
621310 - Chiropractors
Loan Approval Date
6/21/2007
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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. The SBA loan documents indicated that the loan would help retain 1 existing job.
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.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Albina Community Bank and they will explain how you can get an SBA loan for your company.
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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Oregon SBA 7A Lenders