Getting an SBA Loan for Chiropractors
Looking for business loans for chiropractors? An SBA loan may be just what you've been looking for. This $56,000 chiropractors loan was issued by a North Dakota bank.
This business knew how to go about getting a business bank loan. Based in Hebron, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Dakota Commun Bank, based in Hebron, North Dakota.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
HEBRON, ND 58638
SBA Loan Lender
DAKOTA COMMUN BANK
609 MAIN ST
HEBRON, ND 58638
This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.
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
1/11/2001
Loan Approval Gross Amount
$56,000
Loan Approval from the SBA
Of the total $56,000 loan amount, the SBA guaranteed $47,600.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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 - How to Borrow Money
SBA Approved Banks in Hebron, North Dakota
North Dakota SBA 7A Lenders