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December 19, 2024  
 
 
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Kansas Small Business Funding

 

 
Loan Census SBA Loan Info

Chiropractors Business Loans

Looking for business loans for chiropractors? Talk to a banker who works with the SBA. This $73,000 chiropractors loan was issued by a Kansas bank.

This small business knew how to go about getting a business bank loan. Based in Hutchinson, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Peoples Bank & Trust Co., based in Hutchinson, Kansas.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
HUTCHINSON, KS 67502

SBA Loan Lender

PEOPLES BANK & TRUST CO.
1020 N MAIN
HUTCHINSON, KS 67501

This lender issued this particular SBA 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.

NAICS Code

621310 - Chiropractors

Loan Approval Date

2/26/2001

Loan Approval Gross Amount

$73,000

Loan Approval from the SBA

Of the total $73,000 loan amount, the SBA guaranteed $62,050.

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 2 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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