Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Harrisburg, South Dakota Bank Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for Chiropractors

Looking for business loans for chiropractors? Talk to a banker who works with the SBA. This $122,000 chiropractors loan was issued by a South Dakota bank.

Getting a small business loan in Harrisburg, South Dakota was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank In Sioux Falls, operating out of Sioux Falls, South Dakota. Here are the details on this South Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
HARRISBURG, SD 57032

SBA Loan Lender

1ST NATIONAL BANK IN SIOUX FALLS
100 S PHILLIPS AVE
SIOUX FALLS, SD 57104

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending track record and a thorough understanding of SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

1/19/2006

Loan Approval Gross Amount

$122,000

Loan Approval from the SBA

Of the total $122,000 loan amount, the SBA guaranteed $103,700.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

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 $122,000 loan. Remember, if it to be, it is up to me!

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:

How Equity Dilution Works

Who Lends Money to Small Businesses in Sioux Falls, South Dakota

South Dakota SBA Banks