Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Harrison, New Jersey

 

 
Loan Census SBA Loan Info

Business Loans for Chiropractors

Looking for business loans for chiropractors? Try the SBA. This $120,000 chiropractors loan was issued by a New Jersey bank.

This small business knew how to go about getting a business bank loan. Based in Harrison, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First Bankamericano, based in Elizabeth, New Jersey.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
HARRISON, NJ 07029

SBA Loan Lender

FIRST BANKAMERICANO
339 N BROAD ST
ELIZABETH, NJ 07208

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Chiropractors

Loan Approval Date

8/26/2002

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

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 32 employees. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $120,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Advice on Getting a Small Business Loan

Find an SBA Lender in Elizabeth, New Jersey

Getting a Business Loan in New Jersey